- Check the online Class Schedule each semester for Financial Aid deadlines pertaining to loans.
- Loans take approximately 3 weeks to completely process.
- Loan eligibility requires attendance in 6 (six) or more credit hours per semester.
- One-semester loans must be disbursed in two installments.
- First-time loan funds are held by ED for 30 days after the semester start date, which could delay your refund.
- Loan Request Change forms are available on the Student Financial Services web page under Brochures and Forms.
What is the Calhoun Community College CDR?
CDR stands for Cohort Default Rate which refers to the default rate on federal student loans. Students can search the Official Cohort Default Rates by visiting Federal Student Aid and entering the OPEID – 001013. The CDR is reported annually to the National Center for Education Statistics. The FY 2021 national cohort default rate is 0 percent.
