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Financial Aid

2017-2018 Federal Direct Stafford Loan

  • Fall 2017: November 22, 2017
  • Winter 2018: January 18, 2018
  • Spring 2018: May 10, 2018
  • Summer 2018:
    • Session 1 (classes starting on June 11): July 6, 2018
    • Session 2 (classes starting on July 16): August 3, 2018
Borrower eligibility
  • Complete a 2017-18 Free Application for Federal Student Aid (FAFSA) at
  • Satisfy the general student financial aid eligibility requirements
  • Have received a 2017-2018 Award Letter or a letter stating you are ineligible for any need-based aid.
  • Be enrolled in a minimumof six (6) units. Extension Appeal students must be enrolled in six (6) financial aid approved units. At least 1 of these eligible units must be at Los Angeles City College.
  • Comply with Entrance loan counseling requirements.
  • Maintain Satisfactory Academic Progress.
Before you apply for a student loan

Read Your Federal Student Loans. Understanding student loans is very important. Before applying for a loan you should make sure that you fully understand its terms and conditions. You should also be aware of your rights and responsibilities. You can learn more about these on the Student Rights and Responsibilities page.

Read the Los Angeles City College Student Loan Guide for important information about Stafford Loans and general financial aid eligibility.

Follow these steps to apply for a Federal Stafford Loan

Use this Student Loan Checklist to verify that you have complued with all requirements before you submit the Student Loan data Form to the Financial Aid Office.

  • 2017-2018 FAFSA: Complete a 2017-18 Free Application for Federal Student Aid (FAFSA) at the FAFSA website.
  • Award Notification: Complete your financial aid file and receive your award notification or an email indicating that your file was reviewed but you are not eligible for need-based aid.
  • Direct Loan Entrance Counseling: All new borrowers must complete Direct Loan Entrance   Counseling. Please note that this requirement does not apply to repeat borrowers.
  • Master Promissory Note: New borrowers must complete a Master Promissory Note(MPN). Please note that this requirement does not apply to repeat borrowers.
  • Student Loan Data Form: Complete the Stafford Loan Data Form. After completing the form, save and email it to from your LACCD student email account. 
Direct Stafford Loan status

It may take up to 45 calendar days to process a student loan. During peak periods the processing time may take longer. The processing calendar DOES NOT begin until you have complied with all the requirements spell out in the checklist.

Private loans

Private loans are typically more expensive than Stafford loans. Students that are interested in a private loan must do research to find and compare the loans that are available. Los Angeles City College does not have a relationship with any lender. Nor does it endorse any loan. The college will determine a student’s eligibility for a private loan after the student’s eligibility for all federal aid has been determined. The student’s eligibility will constrained by his/her unmet cost. There are significant differences between federal student loans and private loans. The following chart summarizes those differences:

Federal Loans Private Loans
You will not have to start repaying your federal student loans until you graduate, leave school, or change your enrollment status to less than half-time. Many private student loans require payments while you are still in school.
The interest rate is fixed and is often lower than private loans—and much lower than some credit card interest rates. View the current interest rates on Private student loans can have variable interest rates, some greater than 18%. A variable rate may substantially increase the total amount you repay.
Undergraduate students with financial need will likely qualify for a subsidized loan where the government pays the interest while you are in school on at least a half-time basis. Private student loans are not subsidized. No one pays the interest on your loan but you.
You don’t need to get a credit check for most federal student loans (except for PLUS loans). Federal student loans can help you establish a good credit record Private student loans may require an established credit record. The cost of a private student loan will depend on your credit score and other factors.
You won’t need a cosigner to get a federal student loan in most cases. You may need a cosigner.
Interest may be tax deductible. Interest may not be tax deductible.
Loans can be consolidated into a Direct Consolidation Loan. Learn about your consolidation options. Private student loans cannot be consolidated into a Direct Consolidation Loan.
If you are having trouble repaying your loan, you may be able to temporarily postpone or lower your payments. Private student loans may not offer forbearance or deferment options.
There are several repayment plans, including an option to tie your monthly payment to your income. You should check with your lender to find out about your repayment options.
There is no prepayment penalty fee. You need to make sure there are no prepayment penalty fees
You may be eligible to have some portion of your loans forgiven if you work in public service. Learn about our loan forgiveness programs It is unlikely that your lender will offer a loan forgiveness program.
Free help is available at 1-800-4-FED-AID and on our websites. The Consumer Financial Protection Bureau's private student loan ombudsman may be able to assist you if you have concerns about your private student loan.


 Contact Us

Student Services Building, 1st Floor

(323) 953-4000 ext. 2010
Fax: (323) 953-4029

 Office Hours

Financial Aid Office Hours

Monday: 8:00am - 6:30pm

Tuesday: 8:00am - 6:30pm

Wednesday: 8:00am - 6:30pm

Thursday: 8:00am - 2:00pm, 4:00pm - 6:30pm  (2 pm to 4 pm open for general questions only)

Friday: 8:00am - 2:00pm (general questions only)

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Phone: 323.953.4000


Emergency: 323.953.2911