Parent Loans

What is the Annual Student Loan Acknowledgement?

The Annual Student Loan Acknowledgment provides federal student loan borrowers information on student loans and how borrowing will impact their financial future. It is required to be completed every year federal student loans are requested, starting with the 2021 – 2022 school year. The Acknowledgement will be required for subsidized, unsubsidized, Parent PLUS, and Grad PLUS loans. The requirement applies to both student and parent borrowers. First-time borrowers will review information about loan debt and repayment of loans. Returning borrowers will review their current loan debt and loan servicer information.

How do I complete this?

The Acknowledgement is not required for the 2020 – 2021 year but it is available, borrowers are encouraged to complete it to review their current borrowing information. Log into your MyStudentAid account using your FSA ID and password to complete this Annual Student Loan Acknowledgement requirement. Note: Log in to your account, not your dependent’s.

Parent Loans

Parents are eligible to apply for loans to fund their child’s education at Athens State University. Parents can borrow a Direct PLUS Loan to help pay education expenses for their dependent undergraduate student enrolled at least half time in an eligible program at an eligible school. PLUS Loans are available through the William D. Ford Federal Direct Loan (Direct Loan) Program. PLUS loans require an acceptable credit history. Parents may borrow up to the cost of education less other financial aid offered to the student. Repayment for PLUS loans begins 60 days after the last disbursement unless the parent opts for a deferment. PLUS borrowers may choose to delay repayment until six months after the student is no longer enrolled at least half time. Interest may be paid or capitalized upon entering loan repayment.

To apply for a Federal Direct PLUS Loan:

  1. The student must have a FAFSA (Free Application for Federal Student Aid) on file with the Office of Student Financial Aid.
  2. The Parent must complete a Loan Agreement for a PLUS Loan (MPN) online. This Master Promissory Note requires the parent to have an FSA ID and password to complete at
  3. The Parent must also provide application data by applying for the loan under the “Parent Borrowers” section at

Deferment Options for Parent Direct PLUS Loan Borrowers