Graduate PLUS Loan

To meet the federally defined credit worthiness requirements, an applicant cannot be 90 days or more delinquent on the repayment of any debt, the subject of a default determination, bankruptcy discharge, foreclosure, repossession, tax lien, wage garnishment or write off of a Title IV debt during the last five years.

Interest begins to accrue after the first disbursement, and repayment of principal and interest begins 6 months after a student graduates, leaves school, or drops below half-time enrollment.

VIEW REPAYMENT ESTIMATOR

All Direct PLUS Loans are subject federal origination fee which is subtracted from the loan at the time of disbursement.

When completing the loan application, the Graduate student will have the option to either:

• Specify a loan amount
  
  OR
• Borrow the maximum Direct Graduate PLUS Loan amount for which I am eligible, as determined by the school and the student's Cost of Attendance

Please Note: If you do not indicate an amount on your Graduate PLUS Loan application, we will be unable to process the loan. 

If an adjustment to the amount of the Direct Graduate PLUS Loan is needed for any reason, the student must complete and submit a Loan Change Request Form before the start of the term.