Information for Parents
Overview
Paying for a student's college education can be one of a families
largest expenditures, second only to the purchase of a home. Most
parents help to pay for school by utilizing one of four options:
savings, investments, home equity, or the PLUS program .
This section covers the PLUS option and outlines some
other possible funding resources for you and your student(s). Remember
to keep all your options open so that you can make the best funding
decisions for you and your family.
FAFSA
The Free Application for Federal Student Aid must be filed in order
to receive any federal funding. FAFSA is an essential aspect of
the financial aid process that the parent is primarily responsible
for completing.
You must file the FAFSA in order to receive any Federal loan money
under the PLUS or Stafford loan programs. To file your FAFSA on-line
go to www.fafsa.ed.gov
Federal PLUS
Credit worthy parents of undergraduate students can qualify for a
PLUS loan by filing the FAFSA and completing the PLUS loan application
with a participating lender. Collegiate Funding can expedite this
process for you by providing free credit pre-approval utilizing
our on-line application. Once you have been pre-approved, we will
send you the federal form and walk you through the application
process. Click here to secure your PLUS with our on-line credit
pre-approval service.
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