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
Office Closure Notice
The GRC Financial Aid Office will be closed on the following days. Phones, Zoom, and email will be unavailable.
- All Day Monday, March 29th
- All Day Friday, April 23rd
GRC Financial Aid virtual support will be available from 8 AM to 5 PM starting Tuesday, March 30th until Friday, April 2nd. Our office will close at 4:30 PM on Friday, April 2nd.
We are currently processing applications for the current financial aid year (2020-2021) completed in February 2021. (updated on 3/17/2021)
Need extra money to pay for childcare, bills, books, supplies, rent, or transportation?
We know that financial aid often isn't enough to cover all the expenses students need for college. Fill out an online application today!
The Green River College Foundation Scholarship application is open now through April 30th. Apply today!
Federal School Code
Our Federal School Code is 003780
Hours of Operation
|Zoom & Email Hours|
|Monday - Friday 12 PM - 4 PM|
|Phone Hours (253) 288-3392|
|Monday - Thursday 10 AM - 4 PM|
|Friday 12 - 4 PM|
|Drop-in FAFSA/WASFA Assistance in Zoom|
|Monday - Friday 8 AM - 5 PM|
|*Evening Hours* Thursday 6 PM - 8 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.