Visit Contact us for office location, directions and mailing address. Our Title IV federal school code is This code is used for Seattle, Bothell and Tacoma campuses.
Our mission is to provide educational access and opportunity for all students. We believe students from all economic backgrounds should have the opportunity to attend the University of Washington. Finances should not be a barrier to getting a world-class education.
Parent PLUS loan process. If you select them from the drop down box, it is important that you verify their information ssn, dob is correct — if not you can make the correction.
Defer payment while student in school — select Yes to defer repayment of the parent loan while your student is enrolled at an eligible school on at least a half-time basis. Otherwise select No to begin repayment 60 days after the last disbursement of the loan. Interest on the loan begins accruing as soon as the loan disburses regardless of your deferment option.
If that date has passed and the approval process has been completed, MSU will generally disburse the funds within 2 days of approval. However, the borrower may choose to defer the first payment until 6 months after the student ceases to be enrolled half-time or more. You are not in default on any federal education loans. You are a U. If you are not the custodial parent, you may still borrow a PLUS on the student's behalf.
MSU School code is G If the loan is approved with an endorser, the MPN will need to be renewed annually. Your Direct Parent PLUS loan will appear as anticipated aid on your student's account statement once the following have been completed :.
To increase a loan amount for the same borrower, same loan period, for the same student, you can submit a new application or select the option to "Change the application. Per federal regulation, we can begin the disbursement process of federal funds no earlier than 10 days prior to the semester start date. Summer loans will not disburse at the beginning of the semester. To qualify, however, the student must be enrolled at least half-time and be eligible for federal student aid.
Both the parent borrower and the student must be US citizens, nationals or eligible noncitizens. Neither the student nor the parent borrower can have a federal government judgment lien on his or her property. The parent cannot owe an overpayment on a federal education grant or be in default on a previous federal education loan unless he or she has made satisfactory arrangements to repay the grant overpayment or loan.
The student is required to be registered with Selective Service, but the parents are not. Colleges are required to determine eligibility for both the dependent student and the parent before certifying a Parent PLUS loan. A stepparent who has not adopted the student can only borrow from the PLUS loan program for as long as he or she is married to the custodial parent i.
Legal guardians are not eligible to borrow from the PLUS loan program, nor are aunts, uncles and grandparents.
The unsubsidized Direct loan is available without regard to financial need, just like the Parent PLUS loan, so you do not need to be poor to qualify for this loan. Unfortunately, many families do not take full advantage of the Stafford loan.
Nothing prevents parents from helping their children with the payments on their Stafford loans, and the lower interest rate will save money, so it is best to borrow the Stafford loan first.
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