A reminder that the Parent PLUS loan is not automatically offered on a dependent student's financial aid package because it is a credit-based applicaton process. To pursue a Parent PLUS to cover a student's bill balance a parent must actively pursue this option. If you are a dependent undergraduate student and your parent would like to pursue a Federal Direct Parent PLUS loan, please have your parent visit studentloans.gov to complete the Parent PLUS application. More information can be found here on this website: https://financialaid.appstate.edu/types-aid/loans/federal-direct-plus-loan
IMPORTANT: Bills for the fall 2018 semester will be due on August 7, 2018. Fall semester schedules will be canceled on August 8, 2018 if the bill is not paid or financial aid awards are not in place. If you plan to take out any of the loans offered to you to assist in paying your fall semester bill, you should take action now to accept and finalize the loan(s).
For the Summer of 2018 and for the 2018-2019 School Year: The Parent PLUS loan eligibility is no longer automatically being listed in your financial aid package, but it may still be an option for you. If you are a dependent student and your financial aid award package does not cover your anticipated educational expenses, your parent may request to borrow money, up to your cost of attendance, from the Federal Direct PLUS Loan Program.
In order to do this, your parent must complete a credit-based application via studentloans.gov to establish eligibility for funding. Your parent should visit the Parent Borrowers section of studentloans.gov and sign in with their FSA ID to begin the application process. Your parent will need to include Appalachian State’s code of 002906 on the application. Please note your parent borrower must also complete an MPN before PLUS loan funding can disburse.
To determine how much to borrow, visit our Cost of Attendance page for guidance. This gives you the cost of attendance budget as well links to actual tuition & fees charges, and room & board charges. You can deduct any other aid the student will receive from the cost of attendance budget.