Parent PLUS Loan

  • Parent PLUS - Federal Direct Loan 
    The Federal Direct Parent Plus Loan is offered to qualified parents of dependent undergraduate students with financial aid eligibility. For more information on a Parent PLUS Loan, please visit

    Apply for a PLUS Loan:

    The information that you provide will be sent to the school that you select. The school you select will use the information collected to determine your eligibility for a Direct PLUS Loan and process your application. 

    • Interest Rate: Fixed at 7.54% for loans disbursed on or after July 1, 2022 and before July 1, 2023 
    • Origination Fee: 4.228% for loans first disbursed on or after October 1, 2020 and before October 1, 2023
    • Repayment begins: As soon as the loan is fully disbursed (unless deferred)
    • Apply Online: Required
    • Master Promissory Note: Required