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
How can I check on the status of my aid?
Check your email along with the Tasks, Message Center, and Financial Aid tiles in your student homepage in ctcLink for updates on your financial aid. It may take several weeks and may take months for your aid to be processed depending on when you submitted your application. Contact our office if you have questions.
Renew Your FAFSA/WASFA by October 31st!
Renew your FAFSA/WASFA for the 2023-24 award year by October 31st if you want to recieve financial aid for winter quarter.
Federal School Code
Our Federal School Code is 003780
Hours of Operation
Fall Quarter Hours of Operation Start September 5th |
Phone Hours Monday - Friday 10 AM - 4 PM |
In-Person Hours - SA 231 Monday - Thursday 8 AM - 5 PM Friday 9:30 AM - 4:30 PM |
Students are not required to make an appointment in advance, but wait times to speak with a staff member may vary. |
Help with completing FAFSA/WASFA applications |
For FAFSA and WASFA application hlep, make a zoom or in person appointment only. |
Contact Us
Email: finaid@greenriver.edu
Phone: 253-288-3392
Instagram: @grcfinaid
Office Address:
Green River College 12401 SE 320th Street, Auburn, WA 98092
Student Affairs Building, Room 231
Submitting Documents
Fax: 253-288-3473