Been approved for Parent Plus Loan
I been approved for parent plus loan now what?
My sons financial package so far is
Financial Aid Award (UNC @ Pembroke)
Direct Loan Subsidized 1,750.00 per sem. 3,500.00 total yr
Federal Pell Grant 350.00 per sem. 700.00 total yr
Education Lottery School Scholarship 1,350.00 per sem. 2,700.00 total yr
UNC Need Based Grant 277.00 per sem. 554.00 total yr.
thats 3727.00 per sem. and 7,454.00 per yr. So were short like 2500 per sem or 5000 per yr right now. I got accepted for the parent plus loan which i heard will pay the difference but since i got an acceptance email i havent heard nothing yet will the school notify me or something?, i want to make sure this is taken care of before aug 13th, right now im saying every penny till i know this parent loan will kick in. How long before school lets me know the loan is good and nothing to worry about till next yr.