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Direct Loans are available for you to borrow to offset your tuition and assist you with any educational related expenses. The loans are made through the William D. Ford Federal Direct Loan Program and are administered by the U.S. Department of Education. Below are Direct Loan Programs that are offered at Santa Ana College:
Direct Subsidized Loan – The amount awarded is based on your financial need. Interest is charged during the life of the loan, including the time you are in school less than half-time, during grace period, and during eligible periods of deferment. The only exception that the interest is waived is while you are enrolled in college on at least half-time basis (6 units). To be eligible for Subsidized Loan, you must be enrolling in 6 approved units.
Effective as of July 1, 2013, all first-time borrowers can only borrowed Direct Subsidized Loan up to 150% of the length of the borrower’s published educational program. A first-time borrower is defined as someone who did not have an outstanding balance on a Direct Loan or on a FFEL Program Loan on July 1, 2013.  Click here for more info.
Direct Unsubsidized Loan – This loan is not based on your financial need. Dependent students are eligible to borrow up to $2,000 of unsubsidized loan. However, if you are a dependent student and you are not eligible for subsidized loan, you may borrow up to $5,500 of unsubsidized loan. Interest is charged during the life of the loan, including the time you are in school, during grace period, and during eligible periods of deferment. To be eligible for Unsubsidized Loan, you must be enrolling in 6 approved units.
Type of Loan

Freshman – Level 1

0-29.9 completed units

Sophomore – Level 2

30+ completed units


Direct Subsidized Up to $3,500 Up to $4,500
Direct Unsubsidized Up to $6,000 Up to $6,000
Interest rates for Direct Subsidized and Direct Unsubsidized Loan, first disbursed between July 1, 2015 and June 30, 2016, are as follow:
                   Direct Subsidized is fixed at 4.29%
                   Direct Unsubsidized if fixed at 4.29%
To apply for a Federal Direct Student Loan, you must complete and satisfy the following in the order listed below:
1)      Complete the 2015-2016 FAFSA.
2)      Must have Satisfactory Academic Progress (SAP).   See SAP Policy for details.
3)      Must be enrolled in at least 6 approved units per semester.
4)      Submit all forms and documents requested by our office.
5)       If you have unsatisfactory academic progress, then you must submit an appeal
           and get an approval from the Appeal Committee.
6)       Complete a Student Loan Entrance Counseling on-line at
7)       Complete a Master Promissory Note (MPN) if you are a first time borrower.
           Returning borrower does not need to complete another MPN if your previous     
           MPN is still good - log on to check.
8)       Complete and submit a Direct Loan Request to our office.

All student loan borrowers must complete the Master Promissory Note (MPN) and the Student Loan Entrance Counseling on-line at before submitting the loan request form to our office for processing.  The deadline to submit a loan request form and all required documents for loan processing for fall 2015 is 11/23/2015, and for spring 2016 is 5/17/2016.  If you have turned in a loan request but have not turned in all required documents for loan processing by the deadlines, we will assume that you have changed your mind and your Direct Loan Request will be cancelled.

All loan updates will be posted on WebAdvisor.  You must log on your WebAdvisor to accept or decline your student loan offer.  By accepting your student loan, you agree to allow Santa Ana College to pay any outstanding charges owed to Rancho Santiago Community college District from the loan funds and the remainder will be issued to you.  There are two disbursements per semester, to see disbursement dates, see Tentative Loan Disbursement Schedule for 2015-2016 award year for details. 

Student Loan Exit Counseling is also required and must be completed after your last loan disbursement and/or before the academic year ends. Exit Counseling can be done online at

For disbursement of your Direct Loans, please refer to the District’s disbursement policies by clicking on the following link: RSCCD’s Disbursement Policy


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Santa Ana College is accredited by the Accrediting Commission for Community and Junior Colleges, Western Association of Schools and Colleges, 10 Commercial Blvd., Suite 204, Novato, CA 94949, (415) 506-0234, an institutional accrediting body recognized by the Council for Higher Education Accreditation and the U.S. Department of Education. Additional information about accreditation, including the filing of complaints against member institutions, can be found at: