How to Accept a Stafford or PLUS Loan
After approximately 30 business days upon submission of the Stafford Loan application or the PLUS Loan application, the student/parent borrower will receive an e-mail notification from the financial aid office and the loan guarantor, Texas Guaranteed Student Loan Corporation (TGSLC) that the loan is ready to accept online. It is the responsibility of the student to maintain a correct and current e-mail address with the Admissions and Records office.
• Review the award letter for the loan amount and the loan period. If you have questions on this, contact the financial aid office.
• Go online to TG Loans By Web to complete the loan application. You may access TG Loans by Web anywhere you have access to the Internet (on your home computer, in the Del Rio computer lab (room D257), in the Sabine Hall computer lab (S263), or at the Financial Aid Office (T130).
• You will need to provide your social security number, date of birth, and driver license number. You will also need the name, address, and phone numbers of 2 references that are U.S. residents and are at different addresses.
TG Loans By Web (LBW) LOG-IN page:
- Select Student Borrower or Parent Borrower.
- Read the Privacy Act Notice on the right portion of the page
- Enter borrower social security number and date of birth.
- For Stafford Loan borrowers, enter the student's SSN and date of birth.
- For parent PLUS loan borrowers, enter the parent's SSN and date of birth. Another window will open asking for the student's SSN and date of birth.
- This will take you to the Main Menu.
- Go to Complete A Loan Award.
- On the Complete A Loan Award page, OPTION 1 will have the following information:
- School
- Certified Amount
- Loan Period
- Loan Type
- Click on BEGIN on the Richland College loan.
- Complete the Stafford Entrance Counseling. Print out the Entrance Counseling confirmation page for your records.
- Click on Go back to LBW or go back to the Loans By Web Main Menu.
- Complete the 5 steps to guarantee the loan.
- Borrower Information
- References
- Choose a Lender
- Loan Amount
- Guarantee your loan
- After your loan is guaranteed, the lender will need the borrower's signature to complete the process.
- To E-sign your MPN, some lenders will require your PIN issued by the Department of Education.
- You can choose to print, sign, date, and mail your MPN to your lender. The lender's address will be printed on the cover sheet of the MPN print-out. Keep a copy for your records. Make sure you mail all parts of your MPN