Quick Links: Direct Grad PLUS Loan overview
DL Grad PLUS Request/MPN (Request required annually / MPN required for first-time borrowers only)
DL Grad PLUS Entrance Counseling (first-time borrowers only)
Compare PLUS and Alternative Loans
Lender: U.S. Department of Education
Initial eligibility application: Free Application for Federal Student Aid (FAFSA)
Approval requires a credit check for adverse credit history. If denied, appeal and endorser options are available.
Eligibility requirements: Graduate student, enrolled at least half time (3 credits), making satisfactory academic progress
Current interest rates / loan limits
DL Grad PLUS Loans
- PLUS Request: Required annually; completed at StudentLoans.gov.
DL PLUS MPN: Completed at StudentLoans.gov. A second MPN will be required if the previous MPN required an endorser or has otherwise become inactive.
- Request includes loan amount options: Maximum (allows awarding to cover direct charges not covered by other aid) and specific loan request amounts.
- Revisions to your initial request may be made by contacting SFS.
Interest accrual begins: When funds are disbursed
Repayment deferred while the student is enrolled at least half-time and for an additional six months after ceasing to be enrolled at least half-time.
Loan Repayment Information
Paying accruing interest early: Contact your Direct Loan servicer for information.
Last Updated: 2/20/2015