{"id":30716,"date":"2021-02-09T16:09:36","date_gmt":"2021-02-09T21:09:36","guid":{"rendered":"https:\/\/www.campbell.edu\/?page_id=30716"},"modified":"2025-05-13T09:25:59","modified_gmt":"2025-05-13T13:25:59","slug":"parent-loan-options","status":"publish","type":"page","link":"https:\/\/www.campbell.edu\/financial-aid\/available-aid\/parent-loan-options\/","title":{"rendered":"Parent Loan Options"},"content":{"rendered":"<h2>Types of Loans<\/h2>\n<h3>Federal Parent Plus Loan<\/h3>\n<p><strong>Only parents and stepparents are eligible to apply for the Parent Plus Loan.<\/strong>\u00a0 You cannot apply for the Parent PLUS Loan until May 1 for the upcoming academic year.<\/p>\n<ol>\n<li>Apply for a Parent Plus loan (w\/parent FSA ID)\n<ol style=\"list-style-type: lower-alpha\">\n<li>Must apply annually, if needed &#8211; credit decision will expire after 180 days\u00a0<\/li>\n<li>Loan amount request should be what is needed for the academic year<\/li>\n<\/ol>\n<\/li>\n<li>Complete Master Promissory Note (MPN) for parent<\/li>\n<li>The school will be notified of the credit decision within 24-48 hours<\/li>\n<\/ol>\n<a class=\"button  button--theme-orange\" href=\"https:\/\/studentaid.gov\/\" target=\"_blank\">Learn more &amp; apply at StudentAid.gov<\/a>\n<h3>Alternative Private Loan<\/h3>\n<ol>\n<li>FASTChoice link \u2013 compare lenders, loan types, rates, and incentives.<\/li>\n<li>Select lender and complete application<\/li>\n<li>School will be notified 24-48 hours after approval<\/li>\n<\/ol>\n<a class=\"button  button--theme-orange\" href=\"https:\/\/choice.fastproducts.org\/FastChoice\/home\/291300\" target=\"_blank\">Learn more &amp; apply at FastChoice<\/a>\n<h2>\u00a0<\/h2>\n<h2>Tools<\/h2>\n<h3>Federal Loan Calculator<\/h3>\n<p>The Federal Loan Calculator will help you determine the amount of money that you will either receive from your federal loan or the amount you need to borrow before the origination fee is deducted.<\/p>\n<a class=\"button  button--theme-orange\" href=\"https:\/\/assets.campbell.edu\/wp-content\/uploads\/2023\/10\/Before-Oct.1-2024-Federal-Loan-Fee-Calculator-CU.xlsx\" target=\"_blank\">Download Loan Fee Calculator<\/a>\n<p>An<strong> origination fee<\/strong> is a percentage of your loan amount charged by the lender for the processing of your loan. Federal student loans have an origination fee; therefore, the amount you may receive as a disbursement may be slightly lower than the amount you accept.<\/p>\n<h2>\u00a0<\/h2>\n<h2>Contact the Office of Financial Aid\u00a0\u2013 Loans<\/h2>\n<p><strong>Financial Aid Loan Team<br \/>\n<\/strong>Toll-Free: 1-800-334-4111 ext 1314<br \/>\nMain Phone: 1-910-893-1314<br \/>\nFax: 1-910-814-5788<br \/>\n<a href=\"mailto:loanteam@campbell.edu?subject=Loan%20Webpage%20Inquiry\">loanteam@campbell.edu<\/a><\/p>\n<p><em>Only LOAN questions can be addressed via this email account.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Types of Loans Federal Parent Plus Loan Only parents and stepparents are eligible to apply for the Parent Plus Loan.\u00a0&hellip; <\/p>\n<div class=\"link--more\"><span>More<\/span><span> on this post<\/span><\/div><\/p>\n","protected":false},"author":242,"featured_media":0,"parent":781,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"coauthors":[262,230],"class_list":["post-30716","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Parent Loan Options - Available Aid - Financial Aid - Campbell University<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.campbell.edu\/financial-aid\/available-aid\/parent-loan-options\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parent Loan Options - Available Aid - Financial Aid - Campbell University\" \/>\n<meta property=\"og:description\" content=\"Types of Loans Federal Parent Plus Loan Only parents and stepparents are eligible to apply for the Parent Plus Loan.\u00a0&hellip; 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