How To Apply for a Fall 2018 and/or Spring 2019 Direct Loan


You must complete a 2018-2019 Free Application for Federal Student Aid (FAFSA) at AND your financial aid eligibility must already be determined BEFORE you can apply for a loan and continue with the steps below.  To view your financial aid eligibility, log into My Canyons at and click on "Financial Aid Status". 



STEP 1:  Loan Entrance Counseling Online

First, complete a MANDATORY Loan Counseling Entrance Exam ONLINE. This is required each academic year you request a Direct Loan. 
​Loan Period Entrance Counseling Deadline​
​Fall Only ​November 23, 2018
​Fall and Spring ​May 10, 2019
​Spring Only ​May 10, 2019
​Summer ​June 22, 2019

STEP 2:  Direct Loan Request Worksheet

Next, complete the Direct Loan Request Worksheet.  You are permitted no more than two loan requests per academic year. Requests for less than $200 in loans cannot be processed. Your financial aid eligibility must already be determined by the Financial Aid Office BEFORE you can apply for a loan and continue these steps.  Submit your COMPLETED Direct Loan Request Worksheet to the Financial Aid Office.  Requests submitted with missing or blank information will be considered INCOMPLETE and will not be processed.
This Direct Loan Request Worksheet MUST BE SUBMITTED IN PERSON  with a VALID PHOTO ID.
​Loan Period Direct Loan Request Deadline​
​Fall Only ​November 16, 2018
​Fall and Spring May 3, 2019
​Spring Only May 3, 2019
​Summer ​June 15, 2019

STEP 3:  Master Promissory Note Online

Wait 5 business days AFTER finishing both Steps 1 and 2 above 
Then, complete the Master Promissory Note (MPN) online. You will be signing your MPN online with your FAFSA Personal Identification Number (PIN).  If you have already signed a MPN for a Direct Loan, that has NOT expired, you do not need to complete this step.
​Loan Period Master Promissory Note Deadline​
​Fall Only ​November 23, 2018
​Fall and Spring   ​May 10, 2019
​Spring Only ​May 10, 2019
​Summer ​June 22, 2019

STEP 4:  Loan Exit Counseling Online

It is your responsibility to complete a MANDATORY Online Loan Counseling Exit Exam BEFORE you leave College of the Canyons, fall below half-time status, or stop attending.  If you fail to complete this requirement, your academic records will be placed on an administrative hold preventing you from receiving official transcripts or registering for classes.

Student Loan Disbursements

In order to receive your loan disbursement on the published date you must complete steps 1-3 of the loan application process 10 business days before the published disbursement date.


Loan disbursement dates CLICK HERE

Student Loan Application Deadlines

Students must complete steps 1, 2 AND 3 of the loan application process prior to the published deadline.  Students who fail to complete the loan application steps or complete the steps after the published deadline will not awarded or disbursed student loans. 
The Loan Application Deadlines are included in each of the steps above.  There are no exceptions or extensions to the published deadline.
​Loan Period ​Loan Request Deadline ​Entrance Counseling and MPN Completion Deadline
​Fall Only ​November 16, 2018 ​November 23, 2018
​Fall & Spring ​May 3, 2019 ​May 10, 2019
​Spring Only ​May 3, 2019 May 10, 2019
​Summer ​June 15, 2019 ​June 22, 2019