Financial Aid Forms

Federal School Code: 002944

Phone: (828) 689-1123
Fax: (828) 689-1300
Email: Financial Aid Office
Campus Box 6686
Mars Hill, NC 28754

Note: Most of the following forms are in PDF format. You will need Adobe Reader or another PDF reader such as Foxit Reader.

Free Application for Federal Student Aid (FAFSA)

Individuals who wish to be eligible for federal assistance in paying for college must complete a FAFSA form. Forms are available in the Financial Aid Office in Marshbanks Hall and online:

FAFSA on the Web (online application)

Financial Aid Forms

• FERPA Release Form (PDF)
• Terms and Conditions Form (PDF)
• Additional Family Options Form (PDF)
• 2024-25 Dependent Verification Form (PDF)
• 2024-25 Independent Verification Form (PDF)
• 2024-25 Federal Direct PLUS Loan Application (PDF)

Steps to Activate Your Stafford Loan

If you have a federal Direct Loan as part of your financial aid package, you must do the following:

• Complete Loan Entrance Counseling with the Department of Education at studentloans.gov
• Fill out Master Promissory Note (MPN) with the Department of Education at studentloans.gov

Steps to Apply for Parent PLUS Loan

• Complete institutional application for Federal Direct PLUS Loan
• Return institutional application to Mars Hill University Financial Aid Office by mail or fax
• After loan is accepted, parent must fill out Master Promissory Note (MPN) with the Department of Education at studentloans.gov

Additional Family Options

Do not be overwhelmed by the task of paying for your balance. There are multiple options available to assist you, and we are here to help as you make these important decisions.

Talk with your personal Financial Aid Counselor if you are interested in exploring any of the options listed below.

Parent Options:

Federal Direct Parent PLUS Loan: Parents of dependents can apply for a PLUS Loan. This loan is in the parent’s name, with repayment beginning within 60 days of the final financial aid disbursement for the academic year. An application for the PLUS Loan is available to download.
NC Parent Assist Loan: Parents of dependents can apply for a College Foundation Loan. Available to NC Residents and out-of-state students attending NC schools. No application or origination fees are required for this loan.

Student Options:

Additional Federal Direct Unsubsidized Loans: You may be eligible to have an additional Unsubsidized Loan if your parent is denied for the PLUS Loan.

Private Education Loans: A private education loan is in your (the student’s) name, with principal payments deferred until six (6) months after you leave school or fall below half-time status—less than six (6) credit hours a semester. Credit approval is required for this loan and often students need a cosigner. You can apply online with one of the lenders listed below, or with the lender of your choice.

• CFNC – NC Assist
• Sallie Mae – Smart Option – 1-866-972-5004
• Wells Fargo – Collegiate Loan – 1-877-437-3027
• Union Federal – 1-866-513-8445
• Citizens Bank – Citizens Bank Student Loan – 1-800-708-6684
• PNC Bank – PNC Solution Loan – 1-800-762-1001
• SoFi – Private Student Loan – 1-855-456-7634

Other Sources of Information

The state and federal governments publish a wealth of information on the web about financial assistance for college. Those of particular interest in Mars Hill University students include the following:

• U.S. Department of Education—Student Financial Assistance
• College Foundation of North Carolina