… caution about student loans – It takes time for a loan application to be processed by the school, lender, and/or the U.S. Department of Education. Student loan funds are delivered to the student after enrollment and academic progress requirement … level of indebtedness; The applicant’s previous delinquent or defaulted loan history Fees may be charged by the U.S. Department of Education (ED) and deducted from each loan disbursement. Interest rates are set by the U.S. Department of … (GPA) verification for students enrolled within the LACCD will be electronically sent to the Commission by the deadline date for those who meet specific criteria. Your GPA will be electronically uploaded to the California Student Aid Commission …