Federal Direct Loan

Federal Direct Subsidized and Unsubsidized Loans are borrowed funds that you must begin to repay, with interest, after you graduate or stop attending school at least half-time (6 credits). A Federal Direct loan allows students to borrow money to help pay for college through loan programs supported by the federal government. They have low interest rates and offer flexible repayment terms, benefits, and options. All students must first complete the Free Application for Federal Student Aid (FAFSA).  If you are eligible for a loan, an offer will be included on your financial aid offer letter.

Federal Plus Loan for Parents

If you are a parent of a dependent student, you may borrow money on the student’s behalf to help pay their educational expenses. To be eligible for a Federal Plus Loan for Parents of Undergraduate Students, the student first complete the Free Application for Federal Student Aid (FAFSA) and the parent must not have an adverse credit history.  

The maximum PLUS loan amount you can borrow is the cost of attendance minus any other financial assistance received, like scholarships or financial aid. For more information on PLUS loan eligibility and borrowing limits, visit the Department of Education's PLUS Loan for Parents page.

Private Education Loan

Private Education Loans can have a much higher interest rate than Direct Loans. Clark College does not recommend lenders or use preferred lender lists. Choose your lender and complete their Private Loan application process.

Useful Links

For more information or questions, please contact us at (360) 992-2153 or via email at