Next Steps to Completing Your Financial Aid

HOW TO COMPLETE YOUR FINANCIAL AID PROCESS

Transition Center

STEP FOUR:

Parents of Dependent Students: Apply for the Parent PLUS Loan

In addition to accepting the Parent PLUS Loan, you must also submit a credit application to determine if you are approved for the Parent PLUS Loan. 1. The parent will need to go to https://studentaid.gov 2. Log in using your (the parent’s) FSA ID 3. Select “Apply for aid” 4. Select “Apply for a Parent PLUS Loan” 5. Click the Start button 6. Complete the all steps including credit check and submit.

IF/WHEN YOUR PARENT PLUS LOAN CREDIT APPLICATION IS APPROVED, PLEASE PROCEED TO STEP FIVE.

STEP FIVE:

Parents of Dependent Students: Complete the Parent PLUS Loan Master Promissory Note

In addition to accepting the Parent PLUS Loan, you must also submit a credit application. If the credit is approved, you must submit the Parent PLUS Loan Master Promissory Note. 1. Go to https://studentaid.gov 2. Log in using your FSA ID 3. Select “Complete Aid Process”

4. Select “Complete a Master Promissory Note (MPN)” 5. Select the third Start Button for PLUS MPN for Parents 6. Complete the all steps including sign and submit

YOU’RE ALL SET FOR NOW! Please be aware that your financial aid package may be revised when necessary due to any changes in your enrollment, federal regulations, and/or academic progress. If you have any questions, please contact the Office of Financial Aid via email at financialaid@beaconcollege.edu or 1-877-340-4027 .