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Parent Plus Loans for College Tuition

This credit-based loan program is available to parents of eligible dependent undergraduate students.  The loan can be used to pay the “Expected Family Contribution” (EFC) portion of the student’s education expenses and cannot exceed the cost of attendance.  Students must be enrolled a minimum of half-time (6 credit hours) and should the number of credit hours change, so may the loan amount. The PLUS loan allows a parent to borrow the total cost of undergraduate education including tuition, room and board, and any other eligible school expenses, minus any aid the student is receiving in their name.

In order to receive a Direct PLUS loan, your child must complete the Free Application for Federal Student Aid (FAFSA) at http://www.fafsa.ed.gov/

The Direct PLUS Loan:

  • The U.S. Department of Education is the lender.
  • The borrower must not have an adverse credit history.
  • The maximum loan amount is the student’s cost of attendance (determined by the school) minus any other financial aid received.
  • The borrower must be the parent (biological, adoptive, or in some cases, stepparent) of a dependent undergraduate student enrolled at least half-time at a participating school; and
  • Meet the general eligibility requirements for federal student aid. If you are borrowing on behalf of your child, your child must also meet these requirements.


PARENTS: Please follow the instructions provided below to apply for a Federal Direct PLUS Loan at http://www.studentloans.gov/. Please note, the parent borrower must be signed in with their own Federal Student Aid PIN.

Step 1: Complete the PLUS Loan Request Process by clicking on “Request a Direct PLUS Loan” and “Parent PLUS”

Step 2: E-Sign your Direct PLUS Loan Master Promissory Note (MPN) at http://www.studentloans.gov/. Please make sure that you select “Complete Master Promissory Note” and “Parent PLUS”.

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