Financial Aid

Managing Your Account

Current PLU students have access to financial aid, student account and registration information on Banner Web 24/7.  You are encouraged to use Banner Web to manage your student account information, register for your upcoming semester and view your course schedule and academic record.  Your financial aid award is accessible on Banner web, where you can accept or decline your financial aid award offer.  Messages pertaining to your award or revisions to that award are also posted, as well as outstanding requirements necessary to continue processing of your aid offer.  Your status in meeting the Financial Aid Satisfactory Academic Progress Policy is also posted at the end of each academic year.  To go to your Banner Web account, click here.

You may view a record of your Federal Direct Loans, Federal Graduate PLUS Loans, Federal Perkins Loans and Federal Stafford Loans at the National Student Loan Data System (NSLDS).

Financial  Literacy at PLU

Whether you are seeking a Bachelor’s, Master’s or professional degree, completing college is crucial to greater earning power. In fact, the average Bachelor’s degree holder earns over 61% more than the average high school graduate.  Those numbers rise even higher for graduate and professional degree holders.

How much is higher education worth in cold hard money? A college master’s degree is worth $1.3 million more in lifetime earnings than a high school diploma, according to a recent report from the U.S. Census Bureau

The promise of greater earning power, however, can be severely marred by poor financial decisions while in college.  This outcome is preventable if students become educated and active in their personal financial literacy practices.   It is not sufficient to simply understand the concepts of financial literacy.  Students must learn how to put their knowledge to use, and enter into the work environment with the ability to budget finances, borrow funds effectively, repay loans, and invest.

PLU’s Financial Aid Office recommends that each student take an active role toward enhancing their financial literacy by participating in the opportunities made available during their time on campus.  While specific opportunities will be announced throughout the year, you can “start smart” by:

1.  “Liking” our PLU Financial Aid Page on Facebook.

  • Our Facebook page will provide links to necessary forms, and post notifications of important information and upcoming deadline dates and workshop opportunities.

2.  Take advantage of the financial education modules and mini courses offered on the following two websites. These sites are partnering with PLU to provide you with tools to increase your financial literacy and introduce or sharpen important skills to manage your finances while in college and beyond.  Both are free services – neither have products to offer and their websites are devoid of marketing or advertisements.

  • Financial Avenue, brought to you by Inceptia, a division of National Student Loan Program.  After you complete the account sign up, enter ocs777 access code to proceed to the registration page.
  • FinancialAidReady, brought to you by Great Lakes Higher Education
Looking for your 2015-16 Financial Aid Award?

Financial aid awards for PLU students returning for the 2015-16 academic year are expected to be released on April 24, 2015 for those students whose FAFSA was received by the March 13 priority filing deadline.  In order for the PLU Financial Aid Office to receive your FAFSA by March 13, your application should be successfully processed by the federal processor by March 1.  Applications processed after this date may not meet the priority deadline which could result in a later release date.  You will receive an email notification, directing you to your Banner Web account when your award is ready for viewing.   Please refer to the 2015 Financial Aid Newsletter for more information and to learn about changes to the application process and financial aid programs that are scheduled to take effect for 2015-16.