Student Financial Services

PLUS Loan Information

**IMPORTANT INFORMATION ABOUT STUDENT LOANS**

STUDENTS MUST BE ENROLLED IN AT LEAST SIX CREDIT HOURS TO BE ELIGIBLE TO RECEIVE FEDERAL STUDENT LOANS.

THE PLUS LOAN APPLICATION PROCESS WILL CHANGE BEGINNING WITH LOANS FOR THE SUMMER 2013 SEMESTER. YOU SHOULD READ THE INSTRUCTIONS FOR COMPLETING THE PARENT PLUS LOAN APPLICATION FOR SUMMER 2013 CAREFULLY.

PLUS Loans are loans that parents may be eligible for and can be used to cover a student's education expenses. A parent does have to complete an application and credit check to receive this loan.

To receive a PLUS Loan, your dependent student:

• Must have a completed FAFSA on file at UNA

• Must be enrolled at least half-time

• Must be maintaining Satisfactory Academic Progress

• Must meet all other requirements of Title IV aid, as determined by the US Department of Education.

The maximum amount that the parent may borrow under the Federal PLUS Program is the cost of attendance minus any other aid (scholarships, grants, loans, waivers, etc.) received by the student.

View the US Department of Education's brochure on PLUS Loans here.

FOR SUMMER 2013 PLUS LOANS

STEP 1: Carefully Read the Instructions for Completing the Parent PLUS Application for Summer 2013.

STEP 2: Complete the steps outlined in the instructions at www.studentloans.gov.

FALL 2013 AND/OR SPRING 2014 PLUS LOAN available June 15!

Make sure that your student checks financial aid requirements in their UNA Portal by selecting, Self-Service, then Financial Aid. Click on Eligibility and then Student Requirements. Outstanding requirements may prevent the timely disbursement of your financial aid.