Forms & Important Links
Helpful Information to Assist in Navigating through the Financial Aid Process
What is the Federal Parent (PLUS) Loan?
This loan allows a credit-worthy parent to borrow up to the cost of education minus all other financial aid offered to the student, including outside scholarships. Interest accrues at a fixed annual rate of 7.9%. Net loan fees of 4.0% will be withheld from the amount borrowed. Funds come to the University electronically and are credited directly to the student’s account.
Repayment usually begins 60 days after the second disbursement, which means most families begin payment on the loan in late March or early April. For loans disbursed on or after July 1, 2008, the borrower may defer payments until six months after the student is no longer enrolled at least half-time by requesting the deferment through the lender annually.
Parents choosing this option are required to complete an application and a Master Promissory Note (MPN) through www.studentloans.gov. The MPN is signed using ones federal Parent PIN (the same PIN used for the FAFSA). While a new loan application is required each year, the MPN can be used in subsequent years for the same PLUS borrower.
Verification is a process used to verify the accuracy of information provided on your FAFSA. Some students are selected for verification by the U.S. Department of Education. If you are selected, please complete the appropriate PDF form below.
2012-13 Verification Documents
All prospective student-athletes new to the NAIA must register with the NAIA Eligibility Center in order to participate in 2011-12. Click here to register if you plan to take part in NAIA athletics.