• Students wishing to borrow Stafford loans, and parents wishing to borrow a PLUS Loan, are required by the Department of Education to complete the Loan Entrance Counseling. Stafford and PLUS Loan funds will not be released to the school without completion of the required Entrance Counseling. To complete Entrance Counseling, please visit studentaid.gov.
• If you have any questions as you complete the Entrance Counseling requirements you may email the Financial Aid Office at financialaid@gracechristian.edu, or call 616-538-2330.

To complete your Exit Counseling requirements, please visit studentaid.gov.

Also, the National Student Loan Data System (NSLDS) provides students with a centralized, integrated view of Title IV loans and grants so that recipients of Title IV Aid can access and inquire about their Title IV loans and/or grant data. Just click the above link to login.

If you have any questions as you complete the counseling requirements you may email the Financial Aid Office at financialaid@gracechristian.edu, or call 616-538-2330.

Apply for a Direct Parent PLUS Loans

Available to parents with a good credit history to pay the education expenses for a child who is a dependent undergraduate student enrolled at least half-time. Eligibility is determined through the FAFSA and the student must be certified as eligible by the Financial Aid Office.

• Parent Plus Loan Application
  To complete the Parent PLUS Loan application, the parent must go to studentaid.gov and login using their FSA ID and password. Parents who do not have an FSA ID can create one at https://fsaid.ed.gov. The PLUS application performs a credit check, and if the application is approved, the parent would contact the Financial Aid Office to request a loan, up to the amount allowed, based on the student’s cost of attendance.
• Promissory Note
  To complete a PLUS Master Promissory Note (MPN), the parent must go to studentaid.gov and login using their FSA ID and password. Parents who do not have an FSA ID can create one at https://fsaid.ed.gov. The MPN is the parent’s promise to the Department of Education that they will pay back the federal loans. After the MPN is completed, the schools’ Financial Aid Office will be notified.

Apply for Direct Stafford Loans

• Students applying for Stafford loans must complete the Master Promissory Note (MPN).
• The MPN is your promise to the Department of Education that you will pay back the federal loans. After the MPN is completed, the Financial Aid Office is notified and will certify up to the maximum loan amount allowed per student. (Cost of Attendance limits apply).

In some instances, a student may still need additional loans to cover the remainder of their school bill. Private loans are available to help students meet costs that are not covered by federal, state, and institutional aid.

• Private loans are typically for students who still have an amount owed after applying for Stafford and PLUS loans.
• Private loans usually require a co-signer, but in some cases (if the student has established credit) the student may be able to apply for a loan without a co-signer.

Apply for a private loan at ELMSelect.