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
We are currently processing financial aid applications for fall quarter completed in February 2021 (updated on 8/03/2021)
New Tools for Submitting Documents to Financial Aid
Is there a document or file you need to submit to our office? 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.
Renew Your FAFSA or WASFA for Fall
if you are planning on taking classes in fall quarter, submit your FAFSA or WASFA for the 2021-2022 award year as soon as possible. If you need help filling out a FAFSA or WASFA, visit our Zoom virtual lobby. Because we cannot guarantee that files completed after the fall priority processing deadline (April 30th) will be completed in time for fall quarter, please explore other payment options including Workforce Education funding or a STEP payment plan to cover the costs of tuition by the fall tuition deadline on August 31st. If you qualify for aid, we will still provide you with the funds you qualified for, but you will receive them later in the quarter.
Need extra money?
Fill out an online application for our Student Support Grant today! You do not have to qualify for financial aid to receive funding.
Federal School Code
Our Federal School Code is 003780
Hours of Operation
|Zoom & Email Hours|
|Monday - Thursday 12 PM - 4 PM|
|Phone Hours (253) 288-3392|
|Monday - Thursday 10 AM - 4 PM|
|Drop-in FAFSA/WASFA Help in Zoom|
|Monday & Tuesday 8 AM - 7 PM|
|Wednesday & Thursday 8 AM - 5 PM|
Due to COVID-19, the Green River College campus is currently closed except for approved CTE/CE programs.
We are not offering Financial Aid support in-person at this time.
Please contact us virtually with your questions.