Federal Direct Parent PLUS Loan
Direct Parent PLUS Loans enable parents to receive funds from the U.S. Department of Education, to pay for their child's college education. To apply for a PLUS Loan, parents may request a PLUS Loan Application from our Financial Aid Office, or download an application from our website.
PLUS Loan eligibility requirements:
- Student must be a dependent student who is enrolled at least half-time (6 credit hours)
- Parent must be the biological or adoptive parent of the student for whom they are borrowing
- Parent cannot have an adverse credit history (a credit check will be done)
- Both the parent and student must not be in default on any federal education loans or owe an overpayment on a federal education grant.
- Both the parent and student must be U.S. citizens or eligible noncitizens.
Frequently Asked Questions
- How do I apply for a Direct Parent PLUS Loan?
- Is there any other paperwork that needs to be completed?
- How much can I borrow for the academic year?
- What is the interest rate?
- Is there a charge for this loan?
- How is the loan money received?
- How long will I have to repay the loan, and what are the repayment options?
- When do I begin repaying the loan?
- Can I ever postpone making loan payments?
Note: Effective for loans first disbursed on or after July 1, 2008, parent PLUS borrowers may opt to defer principal payments on their PLUS loans for up to six months after the student graduates or is enrolled less than half time. Parent’s will need to contact the Direct Loan Servicing Center at 1-800-848-0979.
Loan Contact Information
General Information about loans and applying for them
Federal Student Aid Information Center
1-800-4-FED-AID
Information on repaying your loan
Borrower Services
Direct Loan Servicing Center
1-800-848-0979
Information on Consolidating your loans
Direct Loan Consolidation Center
1-800-557-7392