This page is designed to provide helpful information that pertains to parents regarding their student's financial aid.
The Family Educational Rights and Privacy Act (FERPA) affords students certain rights with respect to their education records. For more information, please visit the Office of the Registrar.
In order to remain in accordance with FERPA, any persons calling on behalf of the student will need to be authorized on the Student Record Release Authorization. See below for more details.
Through MyIUP, students may designate individuals or entities to whom their educational record information can be released. If you are calling on behalf of your student, you must be listed as an authorized user on MyIUP. The student
will need to
create a keyword and phrase for each authorized user.
IUP Spring/Summer parent and family orientation is committed to providing parents and families with the information necessary to help facilitate student successes in and transition to college. Parent and Family Orientation takes place simultaneously with
the two-day freshman student program or the one-day transfer student orientation program. The Parent and Family Orientations include multiple topics helpful for parents and family members, including a presentation from the Financial Aid Office. Please
view the Power Point for an example of what the Financial Aid Office presents during Parent and Family Orientations. For more information
and the orientation process, please visit Disability Access and Advising.
The Direct PLUS Loan is an additional loan option that the parent of a dependent undergraduate student* can borrow on behalf of his/her student to assist in covering additional educational expenses. Parents can borrow amounts up to the cost of education
minus other financial aid. The student must be enrolled on at least a half-time basis (6 credits) in order to be eligible to receive the loan.
The interest rate is fixed at 7.0 percent for the 2017–18 academic year. Repayment of principal and interest begins 60 days after the funds are fully disbursed for the loan period. Some limited deferment provisions are available.
*A step-parent may apply on behalf of his/her student. However, the step-parent must be listed on the FAFSA.
Parent loans are private alternative loans for parents and other individuals to borrow on behalf of their undergraduate or graduate student to help pay for college. Students are not the borrowers. For a complete list of private loan servicers who participate
in this specific program, please visit ELMSelect.