Parent PLUS Loan

The Financial Aid Office encourages parents to consider applying for the Federal Direct Parent PLUS Loan before seeking funding through a private loan.


Federal Parent Loan for Undergraduate Students (PLUS Loan) provides government-insured, long-term, low-interest loans for eligible parents of dependent, undergraduate students who do not qualify for other financial assistance. Parents may borrow up to the total cost of their dependent student's education minus any other aid for which the students are eligible.


PLUS loans are available to parents with good credit histories through the FFEL program.

 

Candidates: Parents of Dependent Undergraduate Students

Loan Maximum: The yearly limit on a PLUS Loan is equal to your cost of attendance minus any other financial aid you receive. If your cost of attendance is $6,000, for example, and you receive $4,000 in other financial aid, your parents can borrow up to $2,000.


Required Forms:

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