financial aid summary note

Loan Amounts

• up to the total cost of education minus any financial award amount given to the student
• the federal government offers flexible repayment plans that can fit your budget. Loan payments begin 60 days after disbursements have been made to the school.
• does not require collateral; no prepayment penalties
• you have to file and apply for a loan each academic year.

Loan advantages/disadvantages ...

financial aid summary note

Start Your Application

• your application will be processed through your school
• press "APPLY NOW" to link to our school directory.

financial aid summary note

Loan Eligibility

• PLUS loans are available to the parents of dependent undergraduate students enrolled at least half time in an eligible program at an eligible school

In addition, the student must:

• display a need for financial aid (except for unsubsidized Stafford and PLUS loans).
• complete high school and have been awarded a high school diploma or a General Education Development (GED) Certificate.
  
• pass a college entrance exam approved by the U.S. Department of Education, and/or meet other standards your state may establish.
• be enrolled or accepted for enrollment as a regular student working at least half-time toward a degree or certificate in an eligible program.
  
• be a U.S. citizen or eligible non-citizen.
• have a valid Social Security number
• make satisfactory academic progress.

View detail aid information ...

financial aid summary note

Interest Rates

• Current Rate: 7.21%
• federal PLUS loans are fixed rate loans that remain fixed for the entire term of the loan
• in order to qualify for the loan, you must pass a credit check as set by the federal government.

View PLUS rates ...