2002-2003 Undergraduate and Graduate Catalog

Page 14

Q

paym e n t s b eg i n w i t h i n 60 (l<1 ),s a fter the final d i s b u rsement o f

fu n ds. ( I n t eres t begin s acc ruing [ro m t he date th

YBTERANS AFFAmS AND VOCATIONAL REHABILITATION

fll nds a re first

Pacific Lu t he ra n

J i�bursed. P a re n t Plus Loan Request fo rm i s r eq ui re d b y Pa i f i Lutheran Un iversity ilnd the federa l govern­ ment b 'fore this loan , n be i n i t i aled. The Parent P l u s l .a, n Request fo rm can be ob tai ned at the • tuden t Servi ', e n ter. F i n a ncial ne<:: d is not a r quireme.nt. E. i t h er paren t may borrow tbis l o a n for the student. The p a r e n t is resp o n si b l e for sele Ling a lender fr m the le nder l i s t (U t ava i l able in the F i na n c i a l Aid and Stude nt Empl yment file). A separ a t l o a n applicati n a n d p ro m isso ry note wi ll then be mailed to the pa ren t. The parent will t h e n mail back the I an a p p l ic.ltion a n d prom issory note m the ret u rn 'nvel ope provided f, I' p rocessing. Comments or Conditions:

u Z < Z

p to

a

P

l oa n ,

$4 ,000 per year for first- year

'tudents and

so phomores alld $5,000 fo r j u n iors and seni ors.

Repayment.: A variable in teres t rate wh i d} changes a n nually and cann t exceed 8 . 2 5 % and m o n t h ly p r i ncipal payments begin S L X

NAMED ENDOWED/RESTRICTED CHOLARSH l PS

m o u ths after th . t udent g ra duate , w i t h d r aw , or d ro p s to 1 ('S5 than h a l f- ime attcncLmce. UI/subsidized means you ar� respon­ sible for t h e acc r u i n g i n terest on lhe loan. which heg i n s on t,he date the fu nds are first disbursed; h oweve r, i n tere t pay rnent­ may d fcrred u n t il you enter repaymell t . Comments or Conditions: Financi<ll need is n o t a requireme n t . You ,ue resp on ihle � r s ICC li n g a lender from t h e lender l ist ( l ist Jvailable in th e Fi nancial Aid ,l I l d St uuen t E m p l o y ment O ffict' ) . You have the op tion to selec t a I ' n d e r not on the list. Howt:!ver, be 3 \ are that dOLn� so w i L l Ll slIal l y delay re eipt o f your IOJn fW1ds, re quir you lO endorse a paper check in t h e St udent Serv ic '� "enter, and yo u r l o a n may n o r ha e t h e f i n a n cial incenLives a ailable w i t h ollr I nd rs whik you are i n re payment.

For the Ii t of Named EllifowedlRestricted ScholcL rsiIips, visit the PLUcarn log online tlt www. p lu.edu/prin trcatalog.

ALTERNATIVE LOANS Eligibil ity: II tud n ts Am.o unl! Varies Comments and Condjtions: Various alt Illal ive loan are

prov ided for a l l sl lIdeJ1ts, i n d u d i n 7 those not qual i fying for Title I V aid. Please inqu ire i n the Student Services 't:!nter fo r informJtion. TEACB£R CERTl FJC.ATE are el igible to receive a Fed eral St, ffo rd Subsid ized a n d /o r Unsubsid ized Loan up t $5 , 500 . I f a stud nt is i ndependen t or is a de p e n d e n t ludent whose pare n t s a r e denied a P L S loan, the student is el i gi ble fo r all add.itio nal Un s u b s i d ized Fede r,!1 Stafford Loan up to 5,000.

Students accepted i n to this program

PRINCIPAl. CERT1Fl

ATE

Stud nts are not d i g i hle fo r Federal Sta(f(lrd L o a ns accord ing to tederal regula tions. Contact the S tud ent Se rvi ces Ce n t e r fo r

information o n al te.rn a t i

e

loans.

EMPLOYMENT COLlEGE WORK STUDY EligibiUtr- At least parHime stlld en ts. Amount:

arie

based nn need,

n-campus johs; studen1s Lan p p l )' t h rough the Financial Aid and Student Employm nt Offic .

Comments or Conditions: for i n d i v i d ual

jobs

STATE WORK STUDY Eligibility! At lea t part-t i m e stu dents. Amount: Varies bJ ed (,In need.

Off-cam pus jo s; student� must apply for ind.ividual jDbs th rough the F i n a n c. ial Aid and tudent Em ployment Office.

Comments or Conditions:

12

S t u d nts sh o u l d gain a d mi ssio n to t h e u n ivers i t y a n d sec t h e

ffairs .oo rd inator before m king JPplica­ tion fo r benefits. :tudent are req u i re d to re ' ist e r Jt the Ve t e r a ns Affairs Co rdinator'.; Office l o ca te d i n the St ud en t Serv ices Center ( Room [ 0 2 , Ha uge Ad m i n islration B u i ld i ng ) . before each term to i nsure con t i n u ous r ceipt of benefi t s .

I!ligibllity: I n dep nelen l s t ud e nt or dependent tudent who e

parents arc den ied

t e l ephone 800.827. 1 00 0 . u n iversity's Veterans

ADDITIONAL UN SUBSIDIZED FEDERAL STAFFORD LOAN

Amount:

n iversity's aca d e m i c p ro gr a m s of study are approved by the Wa shi ngton State Higher Ed uc a t io n Coord i n a t ­ i n g Boa rd's State p p rov i n g Agency ( ill e B/SA ) fo r enrollment o persom eligible t o r ' ceive ed ucational benefits under T i t l e 38 and T i t l e 1 0 U " Ve terans, widows, w i d owers, a n d children of deceased or dis abled vet rans whu wi sh to i n q u i re abo ut t he i r eligibiLity fo r benefits should co n t a t the Regional O ffice of the Ve terans , d m inistra t i o n , Fede , I Buildin", 9 1 5 Second Avenu e . Seattle, Washington 98 1 74 . Person s within the ' t a t e o f Was h ington may

P A C I F ' C

l

U

T

H

E

R A N

U

N

I

V

E

R

5

I

T

Y


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.