Parent Plus Loans
The Direct PLUS Loan is an unsubsidized loan for the parents of dependent students and for graduate/professional students. PLUS Loans help pay for educational expenses up to the cost of attendance minus all other financial assistance. Interest is charged during all periods.
Things You Should Know
What Do I Need?
Interest & Fees
Things You Should Know
1) Department of Education conducts a credit check on all Direct PLUS Loan applicants.
- If you have placed a security freeze on your credit file, you must lift or remove the freeze at each credit bureau before you continue. Your application will not be processed if you have a security freeze on your credit file.
- To qualify for a Direct PLUS Loan, you must not have an adverse credit history. If the credit check shows that you have an adverse credit history, we will explain how you may still be able to qualify for a Direct PLUS loan.
2) You must also complete a Direct PLUS Loan Master Promissory Note (Direct PLUS Loan MPN) before you can receive Direct PLUS Loan funds.
- The Direct PLUS Loan MPN explains all of the terms and conditions of Direct PLUS Loans and is your legally binding agreement to repay all Direct PLUS Loans you receive under the Direct PLUS Loan MPN.
- If you have not previously completed a Direct PLUS Loan MPN, you will have an opportunity to do so after you complete this Direct PLUS Loan application.
What Do I Need?
- Parent’s Verified FSA ID
- Requested Loan Amount
- School Name
- Student Information
- Personal Information
- Employer’s Information
Interest & Fees