Napa Valley College Default Rate Disclosure

  • The NVC 2018 cohort default rate is 9.5 percent
  • Percent of NVC Students who Borrow is less than 2%
  • The FY 2018 national cohort default rate is 7.3 percent


2022-2023 Federal Direct Loan -- Application Deadlines 

Enrollment PeriodApplication Accepted BeginningApplication Deadline
Fall 2022 August 12, 2022October 28, 2022
Spring 2023 January 04, 2023April 14, 2023


 Click here to go to the Direct Loan Payment and Exit Counseling Instructions Page.

Read the information on this page carefully before you begin.


To print Direct Loan forms, you will need the most current version of Adobe Acrobat Reader, available for free download here.

Important Information 

Within these instructions are “links” that open forms or websites necessary to complete the Direct Loan process. To print a form or open a website, use your mouse to click on the blue text.

If you have questions concerning the Direct Loan Application process, please call 707.256.7301 or stop by the Financial Aid Office during regular office hours to schedule an appointment to meet with a Financial Aid Specialist.

You will need your FSA ID Username and Password that you have created through the Federal Student Aid website to complete this process. You can reset your password, if you have forgotten it by accessing the Federal Student Aid website at

About the Direct Loan 

Direct loans are low-interest federal student loans to help you pay for the cost of education at NVC. The lender is the U.S. Department of Education rather than a bank or financial institution. As a Direct Loan borrower, a Loan Servicer/Federal Loan Servicer will be assigned to service your loans. You may view your loan information, including the name of the Loan Servicer by logging on to the Federal Student Aid website at  Your Loan Servicer/Federal Loan Servicer will be your single point of contact for everything related to the repayment of your loans.

There are two types of Direct Loans available at NVC:

Direct Subsidized Loans (Federal Direct Stafford/Ford Loans) are loans for students with financial need, as determined by federal regulations. No interest is charged while you are in school at least half-time and during deferment periods.

Direct Unsubsidized Loans (Federal Direct Unsubsidized Stafford/Ford Loans) are loans for students that are not based on financial need. Interest is charged during all periods.

Interest Rates:

  • Interest rates will be established each year, based on the high-yield of the 10-year Treasury note plus a 2.05% add-on.  The interest rate for the 2022-2023 academic year is 4.99 %.  The maximum cap will be 8.25% for undergraduate loans.

Other Loan Fees:

  • The loan origination fee is another expense of borrowing a Direct Loan. The origination fee is subtracted proportionately from each loan disbursement.  The origination fee for Direct Subsidized and Unsubsidized Loans with a first disbursement on or after October 01, 2021 but before October 01, 2022 is 1.057%.  The origination fee for Direct Subsidized and Unsubsidized Loans with a first disbursement on or after October 1, 2022 remains at 1.057%.

Direct Loan Links 

The information provided above has been taken in part from publications provided by the Direct Loan program. For more complete information about the Direct Loan program, repayment plans, deferment, etc., please refer to the following publications (links open in a new window):


    Are you eligible to apply for a Direct Loan at NVC? 

    You may be eligible to apply for a Federal Direct Loan (Direct Loan) at NVC if you meet the following criteria:

    1. You have submitted a Free Application for Federal Student Aid (FAFSA) for the current academic year listing NVC as a school of attendance.
    2. You have completed the NVC financial aid process and have been determined eligible to receive federal financial aid funds.
    3. You have been accepted into (program acceptance required for health occupations programs), and are enrolled in a financial aid eligible program of study at NVC leading to an AA/AS degree, vocational certificate, or transfer to a four-year college or university for a BA/BS degree.
    4. You are enrolled and attending at least half-time in courses required by your chosen degree, certificate, or transfer program of study at the time your loan application is submitted.
    5. You are not on NVC academic or progress dismissal (or subject to academic or progress dismissal).
    6. You are not on Financial Aid Disqualification.
    7. You are not in default or delinquent on a prior student loan.
    8. You do not owe a repayment of federal Title IV funds.
    9. You have not borrowed a Federal student loan at another college for the current academic year.
    10. You have not borrowed the maximum yearly amount (see Tables below) you are eligible to receive in Federal student loan funds within the last 12 months.
    11. You have not reached or exceeded the Aggregate Loan Limits (see Table 3) for an undergraduate student. 
    12. You are in a program for transfer to a four-year college or university and have borrowed less than one-half the Aggregate Loan Limit for undergraduate students.

    How much can you borrow at NVC? 

    The amount you may borrow for a single academic year is shown in the tables below. The amount you will actually be eligible to receive may vary due to the following factors:

    • The loan amount you request;
    • Your year in school, based on the requirements of your chosen program of study at NVC;
    • Whether you are considered a DEPENDENT (Table 1) or an INDEPENDENT (Table 2) student for federal financial aid purposes;
    • The length of time you will be in attendance, also known as your enrollment period, at NVC during the academic year;
    • Your cost of attendance;
    • Your Expected Family Contribution (EFC);
    • Other financial aid you will receive during the academic year;
    • Your remaining eligibility under the annual or aggregate loan limits.


    Direct Loan Annual Limits  


    Table 1: Dependent Students

    Table 1
    Dependent Student
    Direct Loan Annual Limits
    New Loans Certified on or after July 1, 2012


    Base Amount
    Subsidized/Unsubsidized Combined


    Yearly Maximum

    First-Year in Program




    Second-Year in Program






    Table 2: Independent Students 

    Table 2
     Independent Student
    Direct Loan Annual Limits 
    New Loans Certified on or after July 1, 2012


    Base Amount


    Yearly Maximum

    First-Year in Program




    Second-Year in Program





    Loan amounts are prorated for students with less than one year remaining for completion of their program, or who are enrolled in non-standard term programs or programs of less than one year in length, or who are enrolled in clock hour certificate programs.

    You may receive a Direct Subsidized Loan, a Direct Unsubsidized Loan, or a combination of both for the same academic year. Direct Subsidized Loan is based on unmet financial need, as determined under federal regulations. Need is not a factor in determining eligibility for a Direct Unsubsidized Loan. You may qualify for a Direct Unsubsidized Loan regardless of your financial need.

    Unmet financial need is calculated by subtracting your expected family contribution and any education-based funding you are expected to receive during the academic year from your financial aid student budget. If you do not have sufficient unmet need to cover the full amount of your loan request with the Subsidized Direct Loan, the balance may be covered by the Unsubsidized Direct Loan. Total financial aid, including loans, can never exceed your student budget for the academic year.

    The maximum total outstanding loan debt you can accumulate while in school is limited, so you must plan carefully to be sure your loan eligibility is not exhausted before you complete your educational goal. Once you reach the limits listed in Table 3, you will be unable to borrow additional federal educational loans until your loan debt is reduced through repayment.


    Table 3: Aggregate Loan Limits 

    Table 3
    Aggregate Loan Limits
    Maximum Total Outstanding Loan Debt


    Subsidized/Unsubsidized Aggregate
    Effective July 1, 2008


    (maximum $23,000 subsidized)


    (maximum $23,000 subsidized)


    (maximum $65,500 subsidized)



     Click here to go to the Direct Loan Payments and Exit Counseling 
    If you have already received your 1st loan disbursEment  for this academic
    year and expect to receive your 2nd disbursement within the next 14 days