Stafford/PLUS Loan Fee Reimbursement
The CGMA Stafford/PLUS Loan Reimbursement Program offers help to clients and their families who finance post-secondary education through the Federal Stafford Loan or Federal Parent Loan for Undergraduate Students (PLUS), by refunding the mandatory loan fee that is charged each borrower.
Federal Stafford Loan: All CGMA clients, on behalf of themselves or their eligible family members. The student must be enrolled at least half time in a participating post secondary education institution. More Information
Federal PLUS Loan: All CGMA clients who have dependent children enrolled at least halftime in a participating post secondary educational institution. More Information
STAFFORD and PLUS loans are made through the William D. Ford Federal Direct Loan Program. Under this Program, money is borrowed directly from the federal government.
Eligibility is based on the client and the student's status as of the first day of the course for which assistance is being provided
Participating educational institutions include most two-year and four-year colleges and universities, graduate and profession institutions, and many vocation/technical schools
You may apply for a refund of the loan fee at the end of each academic term for which a Stafford or PLUS loan was disbursed to the student's account. Refund applications must be submitted within 12 months after the date the loan funds are disbursed
Individuals receiving assistance under this program may also be eligible for assistance under other CGMA Education Programs
When a Stafford or PLUS loan is approved and funds are transferred to the school, the lender will send a Notice of Disbursement Made, showing, among other things, the principal amount of the loan and the fee. Retain this notice. You will need it for step 4.
At the end of the school term, obtain an account statement from the school showing deposits to the student's school account for that term.
Complete all sections of the Application for Stafford/PLUS Loan Fee Refund CGMA Form 8 (pdf)
Attach the following documents:
- A copy of the Notice of Disbursement Made from your lending institution, retained in step 1
- The student's school account statement from step 2
- A clear copy of the front and back of the client’s valid Coast Guard ID card (both sides, clearly visible)
Make a copy for your records and submit the the entire package to CGMA Headquarters via one of the following:
Email the package to
FAX to CGMA-HQ at (703) 875-0344
Mail to Coast Guard Mutual Assistance, 1005 N. Glebe Rd, Suite 220, Arlington, VA 22201
After ensuring the application and attachments are complete, CGMA-HQ will process the request and issue a check to the client for the proper amount
For more information on Federal Student Loans, including how to apply, current interest rates and the maximum amounts for the Stafford loan, contact:
Your school's Financial Aid Office
Call the U.S. Department of Education Federal Student Aid Center at 1-800-433-3243 (TTY users dial 1-800-730-8913)
Visit their Website: https://studentaid.ed.gov/sa/types/loans
Applications are available:
From your CGMA Representative
By calling CGMA-HQ at (800) 881-2462 or (703) 875-0404
Note: Documents and forms are provided in pdf format. CG Cyber Security measures may prevent you from opening pdf files directly. If so, you can right-click on the link and select "Save As" after you save the item it can then be opened and used as needed. Contact CGMA-HQ if you have any questions.
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