The Federal Grad PLUS Loan is a credit based loan that allows students the opportunity to borrow up to their cost of attendance, minus any financial aid received. The loan has an origination fee of 4%, which is assessed by the lender and is deducted from the original loan amount prior to the funds being released to the student. The current interest rate for a Direct Lending Grad PLUS loan is 7.9% fixed rate*

For fall 2013/spring 2014, do not apply until after June 15, 2013. Your credit report is good for 90 days only.

To Apply click here, once on the website -- hit the green "sign in" button, then  "complete Plus loan process." Please be sure to complete the Master Promissory Note for Grad PLUS. (without a MPN, your funds will not be released) Be sure to notify our office once you have applied so that we can certify your Grad PLUS loan promptly. If you are denied credit and you apply with an endorser, please notify our office.

• Basic Grad PLUS loan information
  
  *Please note: you must be enrolled in at least 4 degree-seeking units OR doctoral studies/continuous registration in order to apply for Federal loans; non-unit or summer language courses are not eligible. The Grad PLUS credit check expires every 90 days so you may be required to complete a new credit check when increasing a Grad PLUS application.