Loans

An education loan is a form of financial aid that must be repaid, with interest. Many students rely on federal government loans to finance their educations. 

Federal Direct Loan Program for students

Federal Direct Loans are low-interest loans for students to help pay for the cost of a student’s higher education. The lender is the U.S. Department of Education rather than a bank or credit union.

Students need to complete all required application materials each academic year. Green River’s academic year runs from Fall through Summer. Read more about Federal Direct Loan Program

Federal Direct Parent (PLUS) Loans

The Parent Loan for Undergraduate Students (PLUS) may be obtained by parents to cover costs not already covered by their student’s financial aid package, up to the full cost of attendance.

The U.S. Department of Education is the lender for Federal Direct PLUS Loans. Read more about Federal Direct Parent (PLUS) Loans

Private Education Loans

欧洲杯买彩票Private Education Loans, also known as Alternative Education Loans, help bridge the gap between the actual cost of your education and the amount the government may allow you to borrow in its programs. Private loans are offered by private lenders and no federal forms are required. Terms may vary from lender to lender.

For private education loans students must meet the lender’s credit criteria. Creditworthy cosigners may help you qualify for a lower interest rate. Private education loans may be less expensive than credit card debt, so it is important to check the rates of each before making a decision.

Though not required, it is strongly recommended students first seek financial aid which may include grants, work study, and Federal Direct Loans that carry low fixed rates, prior to considering private loans. This is done by completing a FAFSA and any additional required documents. Usually Federal Direct Loans offer better repayment options, deferments, forbearance and some forgiveness options. There are no credit requirements for Federal Direct Loans for students. You should exhaust your eligibility for Federal Direct Loans before resorting to private student loans. Read more about Private Education Loans

Announcements

Financial Aid office is currently working remotely. We are here to help you via phone, email and . We are trying out new ways to serve you. Thank you for your patience.

Call Financial Aid Office
(253)833-9111 ext. 2449
10:00-1:00 Monday-Thursday

Chat with Financial Aid representatives via online . (You can get help with filing your FAFSA)

Monday-Thursday 8:00 AM - 5:00 PM

The college offers Emergency Grant Fundings now. Click this Link to apply.

Processing Updates

2020-2021: we are currently processing applications completed in December 2019. (updated on 7/29/20)
 
2019-2020: we are currently processing applications completed in July 2020. (updated on 7/29/20)
 

Federal School Code

Our Federal School Code is 003780

Hours of Operation

欧洲杯买彩票Student Affairs departments will be closed all day on Thursday, August 13, 2020, for staff training. Offices will open at 8 a.m. on Monday, August 17, 2020.

Remote Service Hours
(Email, Zoom, etc)
Monday - Thursday 
8 a.m. - 5 p.m. 
Friday
Closed
 
 

View Closures & Special Hours

Contact Us

Phone: 253-833-9111, ext. 2449
Fax: 253-288-3473
Email: finaid@gmclans.com
Location: Student Affairs
and Success Center, 231