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Parent Information - Understanding Financial Aid

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  • My daughter is going to college next year, what can I do now to start to prepare for paying for school?
  • Is all financial aid ‘free money’?
  • Where does Financial Aid come from?
  • When should my student apply for Financial Aid?
  • How does my student apply for Financial Aid?
  • If parents are divorced, which parent provides information for the student’s FAFSA?
  • Are there resources available in the parents name to help pay for their student’s education?
    #GettingStarted, #Parents
  • What happens if I am denied a PLUS loan?
  • My child is paying for school on her own; do I have to provide my information on the FAFSA?
  • If I provide my information on the FAFSA, does this obligate me to pay for my child’s education?
  • I have multiple children in college; do I need to complete a separate FAFSA for each child?
  • What should I do if I have special circumstances not indicated on the FAFSA?
  • Is the Expected Family Contribution (EFC) the actual amount that we will owe the school?
  • Helpful and Important Links
  • Next Playlist

    Parent PLUS Loan - Overview
  • What is a Parent PLUS Loan?
  • What are the Terms and Conditions of the Parent PLUS Loan?
  • What is the interest rate on my Parent PLUS loan?
  • Are there any additional fees for the Parent PLUS Loan?
  • What is a Master Promissory Note?
  • How do I complete the Master Promissory Note for the Parent PLUS Loan?
  • What are my Parent PLUS Loan cancellation options?
  • What happens to my loan if I move or if my child changes his enrollment status?

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Thomas Nelson Community College

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PO Box 9407
Hampton, VA 23670
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Virginia US
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