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FOR MORE INFORMATION

Student Financial Services
Berg Hall
Great Basin College
Phone: 775.327.2095

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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 2023-2024 PLUS: 8.05%

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: https://studentaid.gov/plus-app/parent/landing.

Get Started

Step 1

Student must complete the FAFSA for 2023-24 at: https://studentaid.gov/h/apply-for-aid/fafsa


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 775.327.2095 for an application.


For More Information Contact

Student Financial Services
Berg Hall
Great Basin College
Phone: 775.327.2095

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Why Great Basin College

Great Basin College, "The Gold Standard in the Silver State", offers associate and baccalaureate level education in academic, career and technical fields. Welcoming over 4,000 students annually from all corners of the country, both online and at our various campuses and centers, GBC's presence extends across two time zones and spans more than 86,000 square miles throughout Nevada. A leader in rural higher education, GBC takes pride in developing students who are well-prepared to meet the demands of industry and who contribute to the success and prosperity of the local economy.

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