Loans

Green River is upgrading to a new computer system to better serve students. In order for this transition to happen:

  • All financial aid adjustments need to be completed by Friday, September 24th. This includes requests for loans and any adjustments to aid based on schedule changes
  • The Financial Aid office will be closed to the public and unavailable to answer questions from October 1st to October 29th
  • Financial Aid will be unable to send money to BankMobile or directly to students from September 28th through October 29th

An education loan is a form of financial aid that must be repaid, with interest. Many students rely on federal government loans to finance their educations. 

Federal Direct Loan Program for students

Federal Direct Loans are low-interest loans for students to help pay for the cost of a student’s higher education. The lender is the U.S. Department of Education rather than a bank or credit union.

Students need to complete all required application materials each academic year. Green River’s academic year runs from Fall through Summer. Read more about Federal Direct Loan Program

Federal Direct Parent (PLUS) Loans

The Parent Loan for Undergraduate Students (PLUS) may be obtained by parents to cover costs not already covered by their student’s financial aid package, up to the full cost of attendance.

The U.S. Department of Education is the lender for Federal Direct PLUS Loans. Read more about Federal Direct Parent (PLUS) Loans

Private Education Loans

Private Education Loans, also known as Alternative Education Loans, help bridge the gap between the actual cost of your education and the amount the government may allow you to borrow in its programs. Private loans are offered by private lenders and no federal forms are required. Terms may vary from lender to lender.

For private education loans students must meet the lender’s credit criteria. Creditworthy cosigners may help you qualify for a lower interest rate. Private education loans may be less expensive than credit card debt, so it is important to check the rates of each before making a decision.

Though not required, it is strongly recommended students first seek financial aid which may include grants, work study, and Federal Direct Loans that carry low fixed rates, prior to considering private loans. This is done by completing a FAFSA and any additional required documents. Usually Federal Direct Loans offer better repayment options, deferments, forbearance and some forgiveness options. There are no credit requirements for Federal Direct Loans for students. You should exhaust your eligibility for Federal Direct Loans before resorting to private student loans. Read more about Private Education Loans

Announcements

Office Closure for ctcLink Transition

Green River College is upgrading to a new computer system to better serve students. In order for this transition to happen, the Financial Aid Office will be unavailable to answer questions from October 1st to the 29th. We will make sure to answer any and all questions as soon as the new system is up and running. Thank you for your patience!

Processing Updates

We are currently processing financial aid applications for fall quarter completed in April 2021 (updated on 8/17/2021)

How do I submit a document to Financial Aid?

Students can now submit files electronically to our office using our secure document upload tool. Students can continue to submit documents via the Financial Aid Portal, but we will no longer accept documents via email for security reasons.

Need extra money?

Fill out an online application for our Student Support Grant today! Depending on the type of request, applications for fall quarter submitted after September 11th may be unable to be sent funds until November due to our transition to ctcLink. 

 

Federal School Code

Our Federal School Code is 003780

Contact Us

The Financial Aid Office will be closed to the public and unavailable to answer student financial aid questions via phone, Zoom, or in-person from October 1st to October 29th due to our college's upgrade to a new software system. If you have general questions about the financial aid process, please email us at finaid@greenriver.edu However, we will be unable to answer any questions specific to your account. We will begin responding to all emails after November 1, 2021. In the meantime, please check the Student Financial Aid Portal and your student email for updates regarding your financial aid. Documents can still be submitted to our office using our secure document upload tool at this time. Thank you for your patience! 

Instagram: @grcfinaid