Parent Plus Loans

Parent Plus Loans

It takes a few steps for a parent/guardian to apply for a Parent Plus loan:

Get a Friends of Penn State Account

The parent/guardian must first obtain a Friends of Penn State account:

  1. go to LionPATH.
  2. Select "Parent/Other".
  3. Select "Create an Account".
  4. Follow directions given.

Get Access to the Student’s Account

The student then needs to grant his or her parent/guardian access to the student's LionPATH account:

  1. Go to LionPATH.
  2. Select "students".
  3. Sign-in using your PSU username and password.
  4. Click on "Parent/Other Access" from the left side menu.
  5. Click on "Plus Request Form".
  6. Click on "I authorize?" on top of page.
  7. Select Continue.
  8. Confirm with PSU username and password.

Fill out the Plus Request Form

The parent/guardian must fill out the Plus Request Form.

  1. Go to LionPATH.
  2. Select "Parent/Other".
  3. Sign-in using your Friends of Penn State username and password.
  4. Click on "Plus Request Form".
  5. Complete term for Fall/Spring or Fall or Spring Only.
  6. Select Total amount of loan requested.
  7. Confirm/Authorize Credit Check.

Sign the Master Promissory Note

Once the parent/guardian is approved for the Parent Plus loan, they should follow these instructions to sign their Master Promissory Note (MPN):

  1. Retrieve your Federal PIN number at www.pin.ed.gov.
  2. Go to www.studentloans.gov.
  3. Click on "Sign In".
  4. Select "Complete Master Promissory Note".
  5. Select "Parent Plus".
  6. Fill out the form. Things you will need:
    • Your SS# and the student's SS#
    • 2 references: one person with whom you reside; one person with whom you do not reside
    • Your driver’s license
  7. Select School: Pennsylvania State University.
  8. Electronically sign the form.
  9. Print a copy for your records.