Loan Date

What is Loan Date?

Loan Date meaning For Direct Loans and Perkins Loans, the loan date (as listed in a student’s “My Federal Student Aid” record) is the date of the first disbursement. For Federal Family Education Loan (FFEL) Program loans, the loan date is usually the date the loan was guaranteed, or backed, by a guaranty agency.


reference: Federal Student Aid – Glossary