I am a...
Student
Parent
College Graduate

Students:
5 Steps to Obtain Financial Aid

1. Complete the FAFSA. This must be done for each academic year in which you would like to receive federal aid.
2. A Student Aid Report (SAR) will be created once your FAFSA has been processed. You and the school you listed on the FAFSA will receive a copy.
3. You will receive an award letter from your school notifying you of your financial aid award for the coming academic year. If you qualify for the Stafford loan, the school will include a Master Promissory Note (MPN) or instruct you to get one from a lender. On the MPN, you will need to indicate a lender. If you choose Glacier Hills Credit Union, please use Lender code 828099.
4. Return your completed MPN to:
   Great Lakes Higher Education
   P.O. Box 7890
   Madison, WI 53707-7890
   
5. Loans are disbursed in two or more payments on dates that are established by the school. The funds are sent directly to the school.

Parents:
What can you do to help?

If your student’s financial aid is not sufficient to cover the costs or they don’t qualify for a Stafford loan, you can apply for a PLUS loan. Call or stop in for an application. Lender Code 828099.

You may also consider a credit union home equity loan or personal loan.

Graduating Students:
Now is the time to consolidate

Over the course of your college career, the amount of your student loan debt can add up. And if you've obtained multiple loans from multiple lenders, you know how complicated it can be to pay back all those loans.

We can help lighten the burden of multiple payments and save you up to 50% on your monthly payments by consolidating all your loans into one Federal Consolidation Loan.

The requirements for loan consolidation include:

• Must be a credit union member.
• If all loans are funded through a single lender, you must first approach that lender for consolidation. If the lender is unable to offer Federal Consolidation Loans, or has declined to provide a consolidation loan with an income-sensitive repayment option, you may choose your credit union.
• Exception: If all loans are William D. Ford Direct Lending loans, you may choose any lender to consolidate. If the borrower has two or more FFEL (non-Direct Lending) lenders, they can choose any lender for consolidation.