Our Goal for You
Student Financial Services has tools to assist you and your CSU student. It is our goal that securing financial aid, understanding your student’s bill and having a successful financial experience at CSU will take up a small part of your life. As your student gains financial independence from you, we are here to make that transition a smooth and positive one.
Making Colorado State University a Financial Reality
Every student is eligible for financial aid regardless of their family’s income level. We encourage every student to complete the FAFSA, the FREE Application for Federal Student Aid, to see what type of aid will be offered. Don’t assume that you won’t qualify for aid. Completing the FAFSA gives you and your student options to pay for college.
Obtaining a Parent Loan
One resource to fund a student’s college education is a Parent PLUS Loan. Parents of dependent students are typically offered a Parent PLUS Loan through the FAFSA application. The PLUS Loan will be offered on your student’s award notice.
- Follow these steps to obtain a Parent PLUS Loan:
Apply for financial aid by completing the FAFSA with your student
Once your student receives an award notice that includes a Parent PLUS offer, complete CSU's Parent Loan Application
Student Financial Services submits your Parent Loan Application to the U.S. Department of Education. A credit check is done; we typically begin sending credit checks out in May for the upcoming academic year loans. You will receive the status of your credit check via letter from the U.S. Department of Education. You don’t need to wait for this letter to complete your Master Promissory Note (MPN) online. If the credit check is passed, the parent borrower must complete a Master Promissory Note
Once the above steps are complete, your PLUS Loan pays into your student's university account. Any account balance is paid. Any credit balance resulting from a PLUS Loan is refunded to your student.
To whom can we release information?
All institutions of higher education are required to follow FERPA (Family Education Rights and Privacy Act) as established by the US Congress. FERPA’s mission is to protect your student’s information. You will need to provide us with your student’s name, CSUID number, and answer a series of questions every time you contact us.
- In accordance with FERPA, we can:
Release all information to the student
Release financial aid information to the parent(s) of record on FAFSA.
Release university student account information to either parent (biological or adoptive) as long as one parent claimed the student as a dependent on their most recent federal tax return.