Parents Make A Difference
No matter if you are the parent of a current undergraduate or the parent of a future undergraduate - you play an important role in the academic and financial success of your student. Here are some tips from Student Financial Services and TG to help make the transition easier -
FERPA
Please be aware there are limits to the amount of information you are able to discuss with a member of Student Financial Services due to FERPA rules.
The Family Educational Rights and Privacy Act (FERPA) (20 U.S.C. § 1232g; 34 CFR Part 99) is a Federal law that protects the privacy of student education records. The law applies to all schools that receive funds under an applicable program of the U.S. Department of Education, this includes Colorado State University-Pueblo.
Student Financial Services strongly encourages you to have your student take the lead in gathering information and asking questions as it relates to their finances and academics. However, if you foresee there will be a need for you to assist on the student's behalf, please have your student visit Student Financial Services to sign a Consent to Release Information.
For more information on FERPA, please visit the CSU-Pueblo Records site.
PLUS Loan
The Parent Loan for Undergraduate Students enables parents who do not have an adverse credit history to borrow to pay the education expenses of each child who is a dependent undergraduate student enrolled at least half time. The interest rate is a fixed rate of 7.9% and there is a fee deducted proportionately from each loan disbursement. Credit checks are conducted to determine loan approval. If the loan is denied the parent (borrower) will be notified once the application is completed. Repayment on the PLUS begins 60 days after the final loan disbursement for the period of enrollment for which the loan is made, or borrowers may choose to defer payments until 6 months after the date the student ceases halftime enrollment. Parents may borrow up to a student’s full Cost of Attendance (COA), minus any other financial aid and direct resources.
To apply for the PLUS loan, parents must complete the online PLUS application & the Master Promissory Note. Both of these items can be completed through www.studentloans.gov.
Other Commonly Requested Information
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