Eligibility

• Student must have a completed FAFSA on file.
• Student must be enrolled at least half-time; 4.5 credits or 4.0 credits if you are advanced to candidacy (reduced registration).
• Student must be able to pass a credit check.  Students with adverse credit may apply but must have a co-signer.
• Student must exhaust all Direct loan eligibility before borrowing a Graduate PLUS loan.
• Student must be in good standing with the Financial Aid Office, which may be a different standing than with the university.

Requirements

To receive a Graduate PLUS Loan a student must follow:

• The detailed directions for requesting a PLUS Loan.
• All first-time borrowers must complete PLUS loan entrance counseling prior to the disbursement of funds.

Repayment

• Repayment begins on the date the loan is fully disbursed; the first payment is due within 60 days of the last disbursement.
• Payment can be deferred if the student borrower is enrolled at least half-time.  A student may defer repayment for an additional six months after they are no longer enrolled at least part-time.

Other Important Information

• If you are denied a Direct Graduate PLUS Loan you may add an endorser or appeal the denial.  The endorser application and instructions and information regarding an appeal are available at studentaid.gov
• Interest on a Direct Graduate PLUS Loan will begin accruing at the time of each disbursement.
• There are no annual or aggregate borrowing limits for Direct PLUS Loans.
• Graduate PLUS Loan funds will first be applied to the student’s school account to pay their tuition, fees and other charges.  If any loan funds remain, a refund may be requested through the Cashier Office.