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Email:
finaid@blinn.edu

Fax
979-830-4149

Mailing Address:
Financial Aid
Blinn College
902 College Ave.
Brenham, TX 77833

Brenham Campus
On-campus Location:
Administration Bldg., Room 122

Bryan Campus
On-campus Location:
Administration Bldg.,
By College Park Center

Phone
979-209-7230
979-830-4144

Parent PLUS Loan

 

Important Information

  • Only parents of dependent students are eligible to apply for a Parent PLUS loan. You must be the student’s biological or adoptive parent or the student’s step parent.
  • The student must complete a FAFSA before the Parent PLUS loan can be processed.
  • The parent receiving the loan is responsible for all interest which begins on the date of the loan’s first disbursement.
  • Parent PLUS Loans are not restricted according to financial need.
  • The Financial Aid office will determine the maximum amount the dependent student is eligible to receive based on the student’s cost of attendance.

  Eligibility Requirements

  • The student must complete a FAFSA before the Parent PLUS loan can be processed.
  • The dependent student must be enrolled in at least 6 credit hours.
  • The student must be making Satisfactory Academic Progress (minimum 2.0 GPA and 75% completion ratio).

Interest Rate and Fees

  • The interest rate is fixed for a Parent PLUS loan.  The rate is currently 7.9%.
  • An origination fee is collected prior to the loan disbursement.

Applying for the Parent PLUS Loan

  • The parents will complete the Parent PLUS application at www.studentloans.gov:
  • If the application is approved, the parent will complete the Parent PLUS Master Promissory Note at www.studentloans.gov and also the Federal Direct PLUS Loan Request/Authorization form at http://www.blinn.edu/finaid/forms.html and forward to the Financial Aid office.
  • If the application is denied, the student may be eligible to apply for up to $4000 in an additional unsubsidized loan.  The student will log onto http://www.blinn.edu/finaid/forms.html and complete the Financial Aid Adjustment form.  The student will forward the form to the Financial Aid office along with a copy of the Parent PLUS denial message.