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FOR MORE INFORMATION

Student Financial Services
Berg Hall
Great Basin College
Phone: 775-753-2399

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Apply for Federal Parent Loan

The Free Application for Federal Student Aid (FAFSA) is the foundation for applying for Federal Direct Parent Student Loan with low interest rates. The interest rate is adjusted every July 1st based on the 91-day T-Bill , but will not exceed 8.25%.

Federal Parent Student Loan is for dependent (under the age of 24) undergraduate students.Typically, students will request a parent loan in addition to the federal student loan that he/she
may be currently receiving.

Interest Rate for 17-18 PLUS: 7.00%

A credit check will be performed on the parent applying for the PLUS loan. A parent will be required to complete a PLUS Loan Master Promissory Note (MPN) at: www.studentloans.gov

Get Started

Step 1

Student must complete the FAFSA for 2017-18 at: www.fafsa.ed.gov


Step 2

Student must have received an email with a “Financial Aid Award Notice” or “GBC No Grant Eligibility”. Student check your valid personal email account. It is recommended that student applies for federal student loans, first. If student needs additional funds, then apply for a parent loan. If you have not received any emails, contact the GBC Student Financial Services Office in Elko.

OR

Log into: MyGBC Student Self Service Center to view your Financial Aid Award.


Step 3

Parent submit: a GBC Admission application.

Must include:

  • Social Security
  • Date of birth
  • Select a degree objective

This will provide a smoother process in originating the parent loan for child. A ten-digit student ID for parent will be assigned. This student ID for parent will be linked to child’s student ID loan application to the federal processor.

Set up a Payment Plan

Set up Payment Plan: Financial Aid recipients are required to set up a payment plan. Otherwise, students risk being dis-enrolled or accessed late fees. A reminder email(s) “Fees Due Soon” with instructions will be sent from the GBC Controller’s Office.

Late Applicants: Important

If you applied late, you will need to sign up for a Payment Plan at the MyGBC Student Self Service Center to help avoid late fees and prevent dis-enrollment. Very late applicants for financial aid may incur some late charges before processing is complete.


Step 4

Parent Student Loan Request Form: Contact Student Financial Services Office at (775) 753-2267 for an application.


For More Information Contact

Student Financial Services
Berg Hall
Great Basin College
Phone: 775-753-2399

Why Great Basin College

Great Basin College wants to be your choice for higher education. GBC offers associate and baccalaureate level instruction in career and technical education and academic areas. About 3,800 students are enrolled online from across the country and on campuses and centers across 86,500 square miles, two time zones, and ten of Nevada’s largest counties. We border Arizona, Oregon, Idaho, Utah, and California. We are GBC!

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