Parent Direct PLUS
Loan Eligibility Requirements
- U.S. Citizen or permanent resident
- Be the parent of a dependent undergraduate student
- Satisfactory credit history
- Student and parent must have completed the FAFSA for that year.
Annual Limit
Cost of Attendance minus other financial aid you are receiving.
Interest Rate/Fees
Studentaid.gov (https://studentaid.gov/understand-aid/types/loans/interest-rates)
Source: U.S. Department of Education
Please note that in order to be considered for a Parent PLUS Loan, your parent must apply on-line at studentaid.gov.