How to Apply (Parent)

Students walking on campus

Once your dependent student has been awarded financial aid, you may want to borrow funds through a parent loan. Below are the steps that you will need to take in order to get your parent loan approved and processed.

To find out your monthly payment or interest on a parent loan, visit StudentAid.gov.  From this federal website, you can view your anticipated monthly payment amount, number of repayments, the repayment plans for which you qualify and the amount of interest you can expect to accrue. Parent must have an FSA ID and Password

Expand FAQ List

    • Your student must accept the parent loan award via the Financial Aid tab on Texas State Self-Service.
    • If you have not already, sign in at StudentAid.gov and cursor over Loans and Grants and select PLUS Loans: Grad PLUS and Parent PLUS to complete an online loan application. 
    • Once you complete the loan application and the credit check is approved, you will be immediately required to complete a Master Promissory Note (MPN).
    • The completed application and MPN information will then be transmitted by the federal government to our office (typically within 5 business days). Once received, we will then resume the processing of your loan.
    • The parent loan funds will credit to your student's account with Student Business Services. Remaining balances may be disbursed as a refund to you or your student (as indicated by you) via direct deposit or paper check.
    • Even though this loan is one that you (the parent) will repay, your student must meet the Satisfactory Academic Progress requirements.

    • Wrong School Year – Schools process for two award years simultaneously, so make sure the correct year is selected.
    • Social Security Numbers – If a wrong Social Security number is entered for the student or parent, the school will not be able to match the record to the student.
    • Reversed Information – If the first and last name are reversed, or if the parent data is entered in the student section, the school will not be able to match the record to the student's account. 
    • Keep in mind the parent loan application is different than the Master Promissory Note (MPN). The parent loan application must be completed every year.
    • The MPN must only be completed by a first-time borrower once per 10–year period. The only exception is when an endorser is involved, which requires an MPN to be completed every year.