Applying for Aid

How to Apply for Financial Aid

Financial aid for graduate students at PLNU consists primarily of unsubsidized federal direct loans. Degree-seeking graduate students who are enrolled in 3 or more units per semester, meet the university's Satisfactory Academic Progress (SAP) policy, are in good standing with prior federal loans, and are citizens of the U.S. (or eligible non-citizens) are eligible for federal direct loans. Qualifying graduate students may borrow up to $20,500 every two consecutive semesters, depending on the student’s calculated cost of attendance for the award term.

Step 1

File a FAFSA.

  • Go to fafsa.gov.

  • PLNU’s school code is 001262.

  • You'll need an FSA ID number to complete your FAFSA.

  • If you need to create an FSA ID, visit fsaid.ed.gov.

  • If you've already created an ID, but can't remember it, use the "forgot username" link at fsaid.ed.gov.

New Students
Use the current year’s FAFSA to apply for aid.

For example:

  • If your first class is before July 1, 2017, use the 2016–17 FAFSA to apply for aid.
  • If your first class is after July 1, 2017, use the 2017–18 FAFSA to apply for aid.

Continuing Students
You will need to file a new FAFSA before the fall semester of each academic year.

Step 2

Review your graduation date on the student portal.

  • Log into my.pointloma.edu and click on the Students tab.

  • Click on Biographical Information in the Profile Information section.

  • If your Planned Graduation Date is incorrect, update it by clicking on Edit My Academic Information.

Step 3

Complete online entrance counseling.

  • Visit studentloans.gov, log in, and select Complete Entrance Counseling.

  • Be sure to select the graduate type.

  • An electronic report will be submitted to PLNU upon successful completion.

Step 4

Sign a Master Promissory Note (MPN).

  • Visit studentloans.gov, log in, and select Complete Master Promissory Note.

  • Choose the Subsidized/Unsubsidized option.

  • An electronic report will be submitted to PLNU upon successful completion.

  • If you have completed a direct loan MPN in the past at another institution, you may not need to complete one again; please contact us if you have already done so; a direct loan MPN is good for up to 10 years.

Step 5

Submit verification documents.

  • As a result of filing a FAFSA, the federal government may require additional documentation.

  • The PLNU Student Financial Services office will notify you if you have been selected for verification.

Step 6

Receive PLNU award notification.

  • After all applications and paperwork are completed and processed, you will receive a Financial Aid Award Notification via email.

  • The award notification will state aid amounts for which you are eligible and how funds will be disbursed for the loan period.

  • Follow the instructions on your award notification to accept, decline, or reduce your loan amount.

  • Read about our Financial Aid Terms and Conditions.