You will receive a Final Review Done email when the following steps are completed (you will also see this posted as 'Received' in WebAdvisor on the 'My Documents' page). Please read Cabrillo processing timelines.

• Have filed a FAFSA for the current school year (FAFSA filing options).
• Have submitted all requested documents (Information on Completing Your File).
• Have had your financial aid file reviewed
• Had your final eligibility and academic progress determined

Note: Bachelor students applying for a student loan need to appeal for a Maximum Time Frame extension and are required to be enrolled in and attending 6 or more degree applicable units from the current Educational Plan they have on file with the Financial Aid Office.

Bachelor students taking preparatory courses necessary for their enrollment in an eligible program at another institution are only eligible for loans for a period of up to one year.

All students with Bachelors degree or beyond have exceeded the Maximum timeframe for any program at Cabrillo College.  Refer to our SAP Policy for more details and complete the Maximum Time Frame appeal process.

• Complete online at www.studentloans.gov
• Cabrillo College requires that you complete Entrance Counseling each year when you apply for a Direct Loan.
• Your U.S. Department of Education PIN is required to complete this step. This is the same PIN you used for your FAFSA. If you don't remember your PIN, you can retrieve it at www.pin.ed.gov.
• Individualized instructions are included with each step, so read carefully before moving on to the next step.
• We will receive notice of the completed Entrance Counseling electronically from the US Department of Education.
• Once we have received notice that you have completed the Entrance Counseling, you will receive an email. You should receive this email within a week of completing your Entrance Counseling.

• Complete online at www.studentloans.gov
• Cabrillo College requires that you complete a new MPN each year you apply for a Direct Loan.
• Your U.S. Department of Education PIN is required to complete this step. This is the same PIN you used for your FAFSA. If you don't remember your PIN, you can retrieve it at www.pin.ed.gov.
• Once you open the online MPN web page, click on the “Complete new MPN for Student Loans” link. Follow the directions carefully. Your PIN will act as your electronic signature and your promise to repay the loan. After you have completed your MPN and submitted it to the Department of Education, you will be able to print a copy for your records.
• We will receive notice of the completed MPN electronically from the US Department of Education.
• Once we have received notice that you have completed an MPN, you will receive an email. You should receive this email within a week of completing your MPN.

Required Loan Forms

Allow 5-8 weeks after you submit your loan forms to receive your loan funds.

Note: Do NOT submit the loan forms until Final Review has been done. Loan forms submitted before Final Review has been done or after the loan deadline for the term will be returned as denied.

The Direct Student Loan Application and Loan Obligation form are located in your eforms library.

Direct Student Loan Application (eform)- REQUIRED

• Please think twice about borrowing before submitting.
• Incomplete forms and forms received after loan deadline will not be processed.

• Please read carefully initial and sign.

Remember, you must also complete the online Enrance Counseling and sign an MPN before we can process your loan application. These are done online at www.studentloans.gov. See specific steps for more information.

For Dependent students:

The 2011-12 loan deadline has passed. Beginning the 2012-13 school year, PLUS loans will no longer be offered at Cabrillo.

  Direct Parent PLUS Loan Application (Parent Loan) (pdf) - Optional
 Parent Plus Loan Obligation form (pdf) – REQUIRED When parents apply for PLUS loan

Before submitting PLUS loan request to Cabrillo College, The PARENT applying for the loan must:
• Complete PLUS Request Process - Done online at www.studentloans.gov
• Sign Master Promissory Note (ONLY if credit approved) - Done online at www.studentloans.gov
  • The parent will need the same PIN that they used for your FAFSA to Sign Master Promissory Note. If they do not have a PIN, they may obtain one via www.pin.ed.gov.


Optional Loan Documents

• Use realistic estimates - We are not judging how much you spend. We want you to get an accurate idea of how much you actually need to borrow.
• Visit www.edwise.org for help in completing an accurate Budget Plan.

• Must submit an itemized estimate from vendor at the same time you submit your Loan Application. This results in a budget adjustment in case you are not eligible for your full loan amount requested.
• Personal computer is a one time only budget adjustment at Cabrillo College.

• If you have less than 30 units at Cabrillo College, but attended other colleges  and want those units to be counted.
• You might have SAP issues after units from other colleges are counted if you exceed the Maximum Time Frame for your program (see SAP policy for more information).
• Transcripts do not need to be official and need to be submitted at the same time you submit your Loan Application.
  

• Units from late starting or short term classes will not be counted unless you are currently attending the class.
• Bachelor students are required to be enrolled in and attending 6 or more degree applicable units from the current Educational Plan they have on file with the Financial Aid Office.

Note: All students with Bachelors degree or beyond have exceeded the Maximum timeframe for any program at Cabrillo College.  Refer to our SAP Policy for more details and complete the Maximum Time Frame appeal process.

• Complete online at www.nslds.ed.gov
• Individualized instructions are included with each step, so read carefully before moving on to the next step.

Loan EXIT Counseling is REQUIRED:

• Before receiving a 2nd Loan Disbursement
• If you drop below half-time enrollment (6.0 units)
• Within 30 days PRIOR to graduating or leaving Cabrillo

30 Day Periods for Exit or Graduation
Fall 2011	11/18/11-12/17/11
Spring 2012	05/04/12-06/02/12