Federal Parent PLUS Loan


A Direct PLUS Loan is a non-need-based loan that is available to Parents of undergraduate or graduate students to aid in paying for educational expenses.


  • Complete the FAFSA.
  • The parent must be the student’s biological or adoptive mother or father. A stepparent is also eligible to borrow a PLUS loan if their income and assets would be taken into account on the student’s FAFSA application. A legal guardian is not considered a parent for this purpose.
  • The parent must complete the Parent PLUS Loan Request and upload the completed form to the Financial Aid and Scholarships Office.
  • Undergraduate students must be enrolled in at least 6 eligible credit hours. Graduate students must be enrolled in at least 4.5 eligible credit hours.
  • The parent must e-sign a Master Promissory Note (MPN).
  • The parent must have acceptable credit. The US Department of Education will run a credit check.
  • Go to our Financial Aid Forms page to find the Parent PLUS Loan Application. 


Award Amount

The maximum loan amount is the cost of attendance (determined by the school) minus any other financial aid received.

Loan Fees

There is a loan fee on all PLUS loans.

The loan fee is a percentage of the loan amount and is proportionately deducted from each loan disbursement.

Current Loan Fee Percentage

Interest Rate

Learn about interest rates and how much it costs to pay a loan back.

Current Interest Rates

Continued Eligibility

Student Requirements

  • Complete a new FAFSA each award year.
  • The student must meet Satisfactory Academic Progress each semester.
  • The student must meet all other eligibility requirements.

Continued Eligibility

Parent Requirements

  • Complete the Parent PLUS Loan Request each year.
  • E-sign an MPN if it has expired.
  • Prove credit worthiness by passing a credit check each year a PLUS loan is requested.


Parent PLUS loans will pay balances on the student’s account first.

Any excess will be disbursed to the parent unless otherwise notated on the Parent PLUS Loan Request.

To Whom Your Federal Student Aid Information is Sent

Federal Pell Grant and Loan information is sent to the U.S. Department of Education. This information is then included in the National Student Loan Data System (NSLDS) and is accessible to you and authorized agencies, lenders, servicers, and institutions.

View Your Pell Grant & Loan History