Parent PLUS Loan

  • The Federal Direct Parent PLUS Loan is a credit based loan borrowed by the parent on behalf of a dependent student to assist with educational expenses.
  • Your parent is eligible to borrow up to your remaining cost of attendance after all other aid.
  • The loan is unsubsidized meaning you are responsible for paying the interest during times of deferment.
  • The loans require a PLUS request (credit check) and Master Promissory Note (MPN). Visit studentloans.gov to complete both.