Accepting Your Award

To indicate your choice, select Accept or Decline next to each loan offer that is listed, and then click “Submit Decision.”

• If you are offered both a subsidized and unsubsidized direct loan, and you want to accept them, then you must accept the subsidized loan first.
• If you wish to accept less than the offered amount, you should contact the Financial Aid Office at De Anza.

After accepting a loan, you must immediately take the required online “entrance counseling” AND submit a completed Master Promissory Note before the loan funds can be released to you. You will find both of these at studentloans.gov. (If you have received a direct loan at De Anza or Foothill College previously, you won’t need to take the entrance counseling again.)

• Once you have completed those two tasks, the Federal Student Aid office will notify De Anza that you have satisfied these requirements.
• You can check the status of these tasks on MyPortal, by clicking on the Student Requirements tab. 

Once you have satisfied federal requirements, you can check your MyPortal account to find your “disbursement date,” or the date when your loan funds will be paid into your De Anza student account.

• De Anza only disburses financial aid on Mondays. Please see our Funding Dates page for the upcoming funding dates.
• After any outstanding fees owed to De Anza are paid, the remainder of your loan funds will be "refunded" to you (see below) on the Friday after the loan is disbursed.

If you’re a first-year college student and a first-time borrower, your loan funds may not be provided to you until 30 days after your first quarter of enrollment begins. Since De Anza only disburses financial aid on Mondays, your loans will be paid into your De Anza account on the first Monday after the 30-day waiting period.

• You can check with the Financial Aid Office to learn whether this rule applies to you.
• Please see our Funding Dates webpage for the specific funding dates for 30-day delay loans.