We can help you bundle low-interest-rate loans for students and parents to cover the balance between the financial contribution you make, and that your children make toward their college education costs.

Student contribution

Your child must complete the following before starting the loan process:

1. Submit the Free Application for Federal Student Aid (FAFSA).
2. Review the financial aid award letter from your child's school. Inform the school in writing what financial aid you plan to accept. If you selected a student loan, your child is responsible for applying for the loan.

Now your child is ready to apply for student loans.

3. Apply for a Federal Stafford Loan.
   If the award letter includes a Stafford Loan, it may be possible to apply online. Stafford Loan amounts are based on information provided on the FAFSA and stated in the award letter.
   
   Stafford Loans offer the best interest rates and make $2,625 available to most college freshmen (undergraduates can borrow between $2,625 and $10,500 annually, depending on student status). No credit check is required; however, two references are mandatory. The first reference should be a parent or legal guardian.
   
   Your child signs this application form.

 

4. Finish with a Signature Student Loan^® by Sallie Mae.

    

   Apply for a Signature Student Loan if additional money to pay for school is needed, or if your child isn't eligible for a Federal Stafford Loan. It's possible for your child to borrow up to the full cost of their education, less any federal loans and other financial aid already received. Decide now, how much of the college bill your child will cover.

    

   It's advantageous for your child to apply with a co-borrower because it will lower the interest rate and disbursement fee.

    

   Both you and your child sign this application form.

    

   Apply now.

    

   Parent contribution

   Now you are ready to apply for a PLUS Loan.

5. Once you have helped your child secure loans to cover their contribution, apply for a PLUS Loan. A PLUS can cover the portion of their education costs you plan to pay. Once you are pre-approved, a master promissory note will be sent to you to sign and return to your child's school.