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Financial Aid

2020-2021 Parent PLUS Loan

PLUS loans are federal loans that parents of dependent undergraduate students can use to help pay for college or career school. PLUS loans can help pay for education expenses not covered by other financial aid.

Borrower's eligibility
Student Eligibility
  • Complete a 2020-2021 Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov.
  • LACC must be the student's home school within the Los Angeles Community College District.
  • Pursue a financial aid eligible academic program at LACC.
  • Satisfy the general student financial aid eligibility requirements.
  • Have been awarded financial aid at LACC for the 2020-2021 academic year or received a notification stating you are ineligible for any need-based aid.
  • Be enrolled in a minimum of six (6) units. The applicants must be enrolled in a minimum of six (6) eligible semester units leading to their academic program to be considered for student loans. Extension Appeal students must be enrolled in six (6) financial aid approved units
  • Maintain Satisfactory Academic Progress
Parent Eligibility
  • Be a U.S. Citizen or National or Permanent Resident/Other Eligible Non-Citizen
  • Be the biological/adoptive parent of the student (step parents must be the spouse of the student's parent)
  • Be in good standing for any of the Title IV programs (e.g. Federal Perkins Loan, Federal Pell Grant, a federal student loan) - must not have any Title IV loans in default or outstanding overpayments.
  • Available only to the parent of dependent undergraduate students
  • The borrower of a Parent PLUS Loan must not have an adverse credit history (if a parent has an adverse credit history, the parent can still borrow from the Parent PLUS Loan program with an endorser (cosigner) who does not have an adverse credit history)
  • Parent must be eligible to complete a Master Promissory Note (MPN) and entrance Counseling (the parent that completes and sign the MPN should request the loan)
Before you apply for a Parent Plus Loan

Read Your Federal Student Loans. Understanding student loans is very important. Before applying for a loan you should make sure that you fully understand its terms and conditions. You should also be aware of your rights and responsibilities a s a student. You can learn more about these on the Student Rights and Responsibilities page.

Read the Los Angeles City College Student Loan Guide for important information about Stafford Loans and general financial aid eligibility.

Visit the Department of Education website to apply and for more information about the Parent PLUS Loan

Follow these steps to apply for a Federal Stafford Loan

Use this Student Loan Checklist to verify that you have complied with all requirements before you submit the Student Loan data Form to the Financial Aid Office.

  • Student must complete a 2020-2021 Free Application for Federal Student Aid (FAFSA) at the FAFSA website.
  • Student must have been awarded financial aid at LACC for the 2020-2021 academic year or received a notification stating that he/she is ineligible for any need-based aid.
  • Parent: login on studentaid.govto complete the Entrance Counseling. Once on the site, click “Complete the Financial Aid Process” and then click on “Complete Entrance Counseling” to access the page. This requirement does not apply to repeat borrowers.
  • Parent Borrowers must have an active Master Promissory Note. To confirm status or complete a new Master Promissory Note go to studentaid.gov. Once on the site, click “Complete the Financial Aid Process” and then “Complete Master Promissory Note” to access the page.
  • Parent must apply for credit.
  • Student Loan Data Form: Complete the Parent PLUS Loan Application. After completing the form, save and email it to StudentLoans@lacitycollege.edu from the LACCD student email account. 
Deadlines

Fall 2020:
Friday, November 27, 2020 is the last day to submit a loan application for attendance in fall.
Winter 2021
Friday, January 15, 2021 is the last day to submit a loan application for attendance in winter.
Spring 2021
Friday, May 21, 2021 is the last day to submit a loan application for attendance in spring.
Summer 2021
Friday, August 6, 2021 is the last day to submit a loan application for attendance in summer.

Parent PLUS Loan status

It may take up to 45 calendar days to process a student loan. During peak periods the processing time may take longer. The processing calendar DOES NOT begin until both, the parent and the student, have complied with all the requirements in the checklist.

Los Angeles City College | 855 N. Vermont Avenue, Los Angeles California 90029

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Phone: 323.953.4000

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Emergency: 323.953.2911