Contact Us

Attention: In Person Services have resumed starting June 1st. Please review the CR COVID-19 Rules before arriving to campus.

Email Us Here

Or send us an email at finaid@redwoods.edu

For form submission please use the eForms platform to submit forms to the financial aid office.


FALL 2021 HOURS:

Eureka
Student Services Building
Mon.-Thurs. 9am-4pm
Fri. 11am-3pm
707.476.4182

Del Norte
Mon.-Fri. 8am-5pm
Appointments Only.
707.465.2300

Klamath-Trinity
Mon.-Fri. 8am-4pm
Appointments Encouraged.
530.625.4821

Parent PLUS Loan Application Process


WARNING: Only Parents of Dependent Students may apply for this type of loan

Loan Request Dates & Deadlines

  • Full Year (Fall 21/Spring 22) Loan: Available
  • Fall 2021 Only PLUS Loan: Available
  • Spring 2022 Only PLUS Loan: Available

 

ATTENTION: Please check your junk mail/Spam folder on the email you used on your Parent PLUS Loan Application for electronic correspondences. You may receive emails from our Financial Literacy Advising Specialist from robert-christman@redwoods.edu, finaid@redwoods.edu and studentloanassistance@redwoods.edu. (please add them to your contact lists).

 

Deadlines:

  • Full Year (Fall/Spring) PLUS Loan: April 22, 2022
  • Fall Only PLUS Loan: November 26, 2021
  • Spring Only PLUS Loan: April 22, 2022
  • Summer 2021 Parent PLUS Loan: July 9th, 2021 (Past Due)
     

Parent PLUS Loan Eligibility:

Please watch the video below to learn more and the requirements to apply for a Parent PLUS Loan. To learn more about Parent PLUS Loans and who is an eligible parent, please visit studentaid.gov.

 

Parent PLUS Loan Application Resources (Before Applying):

When the parent of a dependent student is applying for a Parent PLUS Loan they will need to know some information for the application process. Please refer to the following information to assist you in filling out the Parent PLUS Loan Application, the following are the questions that the parent will need to answer as they fill out the application. Parent Borrowers can preview the application here: Preview Application

  • Question 1 (if prompted). Borrower Type: Parent Borrower

Note: The only PLUS Loans College of the Redwoods processes are for Parent Borrowers.

  • Question 2. Award Year: 2021-2022 (for Fall 2021/Spring 2022)
  • Questions 3-7. Input your Students Information
  • Question 8. Request for Deferment While Student is Enrolled in School

Explanation: This option allows parents to defer their loan repayment requirement until the student graduates, withdraws or drops below half time enrollment (less than 6 units). The parent borrower will be responsible for any interest that accrues on the loan during this period of deferment. If the parent borrower answers "No" to this question, their first payment will be due within 60 days after the date of the last disbursement of the loan. 

  • Question 9. Request for 6-Month Post-Enrollment Deferment

Explanation: If the parent borrower answers "Yes" to question 8, they will also be offered the ability to defer their loan payments for an additional 6 months after the student graduates, withdraws, or drops below half time enrollment status (less than 6 units). The parent borrower will be responsible for any interest that accrues on the loan during this period of deferment. If the parent borrower answers "No" to question 9, their loan payment will be due within 60 days of when the student ceases to be enrolled.

  • Question 10. Authorization for School to Use Loan Funds to Satisfy Other Charges

Choices: The Parent Borrower has the option to allow the Parent PLUS Loan Funds to be used against other charges besides Tutition and Housing, such as Lab/Material Fees, Library fines, damaged or loss school property, etc.... College of the Redwoods only charges the following to a students account: Enrollment Fee's, Material Fees, Dorm and Meal Plan, and Loss or Damaged School Property. If the Parent chooses to not authorize the use of Parent PLUS Loan funds for other charges, they should be aware that any material fees associated with a class will not be paid for and will need to be covered through other means. Students who cannot cover their account balances at the college may be prevented from registering or making changes to their class schedule. Additionally students who are in default or deliquent in covering their account charges may be sent to collections by our business office.

  • Question 11. Credit Balance Option

Choices: The parent borrower can have any remaining funds disbursed, after educationally related charges have been covered, to either the Parent Borrower or the Student. If the Parent Borrower choses the "Me" option, College of the Redwoods will send the parent a check in the mail with the remaining funds. If the Parent Borrower chooses "The Student" option, any remaining funds will be refunded to the student through their bankmobile refund preference.

  • Question 12. Select the school at which you are requesting a Direct PLUS Loan: College of the Redwoods, 001185, 7351 Tompkins Hill Road, Eureka CA 95501
  • Question 13. Specify a reason for submitting this Direct PLUS Loan Request

Choices: "New", if this is your first Parent PLUS Loan Application choose this option. "Change," if you wanting to make changes to a previously submitted Parent PLUS Loan application, choose this option and then select which application you are changing.

  • Question 14. Loan Amount Requested

Choices: The Parent Borrower can choose a specific amount (recommended) or they can choose "maximum" which will be a request for up to a students unmet cost. Choosing maximum can result in borrowing a Parent PLUS loan in excess of $20,000. Parent borrowers who choose "maximum" will be contacted by our office first before we award the PLUS Loan, we will let you know how much the "maximum" is and if you are okay with that amount before proceeding. If you need assistance with determining your students cost, please contact the Financial Literacy Advising Specialist at 707-476-4183 or studentloanassistance@redwoods.edu.

  • Question 15. Loan Period: See below
    • If your student plans on attending for both Fall 2021 and Spring 2022, your Parent PLUS Loan will have a date range of August 2021-May 2022.
    • If your student is only attending for the Fall 2021 semester, your Parent PLUS Loan will have a date range of August 2021-December 2021.
    • If your student is only attending for Spring 2022, your Parent PLUS Loan will have a date range of January 2022-May 2022.
  • Questions 16-26: Input Parent Borrowers Information (you)
  • Questions 27-29: Employment Information and Certification

 

Applying for a Parent PLUS Loan

Once the Parent PLUS Loan Borrower has review the Application Resources provided above, the borrower is now ready to apply for the Parent PLUS Loan and complete the MPN. Remember the borrower is the Parent, not the Student, therefore the Parent Borrower will be signing into Studentloans.gov and completing the Parent PLUS Loan Application and MPN.

 

Step 1. Go to Studentaid.gov
 

 

Step 2. Sign in with FSA ID and Password

 

IMPORTANT: The Parent Borrower will be signing into studentloans.gov with their FSA ID and Password.
DO NOT USE your Students FSA ID and Password.

Don't have a login? Create an FSA ID and Password

  • Can't get logged in to studentloans.gov? for FSA ID and Password issues please call: 1-800-433-3243
  • Issues with the Parent PLUS Loan Application? Please call: 1-800-557-7394

 

 

Step 3. Complete and Submit the Parent PLUS Loan Application

 

 

Step 4. Complete the Loan Agreement for a PLUS Loan (Master Promissory Note (MPN))

 

 

 

What Happens Next? (after you apply)

ATTENTION: Please check your junk mail/Spam folder on the email you used on your Parent PLUS Loan Application for electronic correspondences. You may receive emails from finaid@redwoods.edu and studentloanassistance@redwoods.edu. (please add them to your contact lists).

It generally takes 24 hours for the Parent PLUS Loan to be available for receiving by College of the Redwoods. The Financial Aid Office runs a weekly process to capture any submitted Parent PLUS Loan Applications that have been submitted. If you indicated "Max" on the Parent PLUS Loan application, we will contact you to confirm the amount of your Parent PLUS Loan. Estimated processing time for Parent PLUS Loans are between 3-6 weeks. If you have not received any messages from College of the Redwoods after two weeks of submiting the PLUS Loan Application, please contact us so we can investigate. Please be patient as we run our processes. Once we have finished processing your application and the loan has been awarded, the student will receive an email notifying them to check their award letter online. The parent borrower will receive an electronic award letter via the email detailing loan amounts, loan period, and disbursement dates. Please email us if you have any questions or worries. 

 

What If I am denied a Parent PLUS Loan? What does adverse credit mean? What are the options? Please see this Video

 

Questions?

Parent loan borrowers may contact the Financial Aid Office with any questions they have. The Financial Aid Office cannot reset your FSA ID and Password, please contact the number mentioned above. The Financial Aid Office does not manage the studentaid.gov website, if you are having issues with the website, please contact the phone number mentioned above. Parents wishing to have access to a students financial aid file, we will need to have permission by the student to do so. FERPA protects college students information regardless of age or dependency status. The student will need to fill out a Release of Information Form using our eForm platform or email finaid@redwoods.edu from their student email providing the name, relationship and permission to release information.The student should contact the Financial Aid Office if they are having issues with filling out the Release of Information Form. The Financial Aid Office can speak with a parent about their Parent PLUS Loan eligibility, amount, disbursement, and repayment plan options. The Financial Aid Office cannot discuss the types or amounts of financial aid the student is receiving without a release of information on file.

  • Main Office Phone: 707-476-4182
  • Financial Literacy Advising Specialist: 707-476-4183
  • Email: Finaid@redwoods.edu
  • Email: studentloanassistance@redwoods.edu

 

It is the policy of College of the Redwoods not to discriminate on the basis of race, color, national origin, sex, disability or age in its educational programs and its employment practices.

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