Student Financial Services
Student Financial Services


Financial Aid: Loans

Federal Loan Programs
Stafford (Subsidized & Unsubsidized)
Perkins
Grad PLUS
Nursing Loan

 

 



Grad PLUS

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)
Eligibility requirements: Graduate student, enrolled at least half time (3 credits), making satisfactory academic progress
Current interest rates/fees /loan limits: DL Grad PLUS Loans
Process:

  1. PLUS Request: Required annually; completed at www.studentloans.gov.
    • 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.
  2. DL PLUS MPN: Completed at www.studentloans.gov. A second MPN will be required if the previous MPN required an endorser or has otherwise become inactive.

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: 5/29/2014



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