Direct Loans
Skip to main content

Crafton Hills College participates in the Federal Direct Loan (DL) Program. The DL Program is a student loan program offered by the U.S. Department of Education to eligible students to cover higher education costs. Subsidized and Unsubsidized Direct Loans are available at CHC. Interested students must meet financial aid requirements at CHC and consider their ability to repay the loan along with interest. To apply, students must submit the current year FAFSA, complete all “action items,” be enrolled in at least six units, meet Satisfactory Academic Progress (SAP), submit a current Student Educational Plan (SEP), must not be in default or owe an overpayment on a federal grant. Students may request a “Direct Loan Interest Form” from the Financial Aid office. Once a DL Request is received, additional documentation and information will be provided to the student. 

Understand your current loan amounts -

All federal student loans obtained by a student are reported to and tracked on the National Student Loan Data System (NSLDS).  This information will be accessible to guaranty agencies, lenders, and institutions determined to be authorized data system users. For student loan information published by the U.S. Department of Education, visit Student loan borrowers may view their federal loan information at by logging in using their FSA ID.

Direct Subsidized Loan-

A subsidized loan based on financial need. Unmet "need" is determined by subtracting the Expected Family Contribution (EFC) and all other forms of financial aid from the Cost of Attendance (COA) or budget. Interest is paid by the federal government while you are in school as at least a half-time student (taking 6 units), during your grace period, and during your deferment periods. Interest begins to accrue once you enter repayment.

Direct Unsubsidized Loan-

Direct Unsubsidized loans are not based on financial need and are available to you regardless of income. The interest begins to accrue after your first disbursement. Interest is accrued from when the loan is disbursed until it is paid in full.

Loan Repayment-

Federal student loans are long-term obligations. Accepting a loan means accepting the responsibility for repaying the money you borrow, including interest costs and fees. Before you request a loan, determine the true costs, interest rates, and how long it will take to repay the loan. To get answers to these questions and more, go to offers an online Repayment Estimator that allows students to view repayment estimates based on actual loan amounts or potential loan amounts. 

Cohort Default Rate-

A cohort default rate is the percentage of a school's student borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), Oct. 1 to Sept. 30, and default or meet other specified conditions prior to the end of the next fiscal year. Please refer to the Cohort Default Rate Guide for a more in-depth description of cohort default rates and how the rates are calculated.

Students who default on their student loans affect Crafton Hills College’s ability to participate in the financial aid programs once the institution’s default rate reaches certain levels. The U.S. Department of Education announced that the current national federal student loan cohort default rate at Default Management ( website (also referred to as the CDR) . Schools who exceed 30% may have to take additional steps to continue to process federal and state financial aid.

Cohort Fiscal Year 2018 Calculation-

Borrowers who entered repayment in 2018 and defaulted in 2018, 2019, or 2020. (0)

Crafton Hills College Cohort Default Rate (CDR) = 0%

2018 2017 2016


Requesting a Loan-

Submit a request to Include your name and Crafton Hills College student ID number.

The Financial Aid Office will review your financial aid file to ensure you meet the minimum qualifications and are eligible to receive and complete a Federal Direct Loan request.

If you are eligible, you will receive an email with the next steps in your CHC student email account.

If you are not eligible at this time, you will receive an email with information about the reason for not meeting the minimum qualifications and what steps you must take in the future.