The federal Parent Loan for Undergraduate Students (PLUS) is a loan
that a parent may obtain on behalf of a dependent undergraduate student.
Eligibility
In addition to the requirements in the Federal Financial Aid section,
you must:
- Be enrolled at least half-time (6 hours per
semester/ 3 hours per term) during the entire
period of your loan. These hours cannot include
audit hours, noncredit courses, challenge credit,
or independent study.
- Have your parent's credit history checked by
the lender.
- Determine your loan eligibility and be awarded
before your last day of eligible enrollment.
Payments and Limits
- Payments by the parent begin 60 days after
the final disbursement of the loan.
- Your parent may obtain a PLUS in addition to
other student loans you may receive.
- Total financial aid cannot exceed the cost
of your education.
- Checks made copayable to both the parent and
the school will be mailed to the school, where
eligibility will be confirmed and the checks
forwarded to the parent.
To Apply
See the Application Checklist.
