Emergency Student Loan

Emergency student loans may be made to students who need a small sum to tide them over for a brief period of time. Students may borrow up to $100. Larger amounts may be borrowed under certain conditions, but all loans must be repaid within 30 days of receipt.

Stafford Student Loan

There are two types of Federal Stafford Loans- subsidized and unsubsidized. The Subsidized Stafford Loan is a loan on which the federal government pays the interest while you are enrolled in school in at least six units. The Unsubsidized Stafford Loan is a loan on which you will be responsible for the interest while you are in school. You may choose from several options to make your interest payments.When you apply for a loan, you are agreeing to repay all the funds you borrow plus interest and fees. Unlike grants and scholarships, loans must be repaid.

Loan amounts vary based on your undergraduate classification at West Hills Community College. Units from other colleges are not considered for second year eligibility unless they are part of your academic record at West Hills Community College. Loan funds will be disbursed in two equal amounts, minus the origination and federal default fees. Most loan funds are disbursed in one standard disbursement per semester.

To be eligible for a Stafford Student Loan, you must:

• Be enrolled at least half-time (six units) at West Hills Community College and maintain half-time enrollment in a Degree, Certificate, or Transfer program.
• Meet Satisfactory Academic Progress (SAP) standards as determined by West Hills Community College Financial Aid Office.
• Not be delinquent or in default on a federal student loan or owe a refund on any federal/state grants.
• Have remaining unmet need after other grants, scholarships, and work-study programs have been considered.

If you are not eligible for a subsidized loan because of your Expected Family Contribution (EFC), you may be eligible for an unsubsidized loan. You may not exceed annual borrowing limits based on your academic year status nor can you exceed the aggregate borrowing limits.

To apply for a Stafford Student Loan, sign up to attend a loan entrance counseling workshop at your financial aid office. You must attend a loan entrance counseling workshop before you can apply for a loan. You must also complete a FAFSA and verification documents.

 

*Financial Aid Student Loan Guides are available at our Financial Aid Offices