Loan Processing and Application Instructions for First-time Borrowers
Nelnet Campus Commerce Payment Plan
(formerly Tuition Management Systems, or TMS)
To help you finance your education expenses, Florida Southern College is pleased to make the services of Nelnet Campus Commerce available to you and your family. This interest-free monthly payment option allows you to spread your education expenses over monthly installments for only a small enrollment fee. There is no interest and no pre-qualification or credit check for this service. This is a popular option with many of our families because it reduces the need to borrow and it gives families more control over their savings.
For more information on your specific payment options, or to enroll in the Nelnet Campus Commerce Interest-Free Monthly Payment Plan, visit https://mycollegepaymentplan.com/FSC.
Federal Direct Subsidized and Unsubsidized Student Loans
To process your Federal Direct Student Loans, visit studentaid.gov . To sign in, you will need your FSA ID. If you do not already have an FSA ID, you will need to create one. Once you have successfully logged into your Direct Loans account, you will need to complete the Entrance Counseling and electronically sign your Master Promissory Note (MPN).
Federal Direct Parent PLUS Loans
Parents of dependent students may apply for the Parent PLUS loan in order to secure additional funding to cover their student’s account balance. PLUS loans may be requested for the balance owed to the college (difference between awards and costs of educational expenses), as well as to assist in covering personal expenses, books and supplies, and other education related costs. Please note that PLUS loans are credit based and the credit application must be completed each year.
Please contact the Financial Aid Office to determine your borrowing limits.
Parents, to apply for your Federal Direct PLUS Loan, visit www.studentaid.gov . To sign in, you will need to provide your FSA ID. If you do not have an FSA ID, you will need to create one. Once you have successfully logged into your Direct Loans account, please select Request a PLUS Loan and then Complete Parent PLUS Application (electronic signature required). If approved, you will need to electronically sign the Master Promissory Note (MPN).