Please complete the PLUS Loan process on or after May 1, 2006.

The Federal Parent Loan for Undergraduate Students (PLUS) is a loan in a parent's name for a dependent student.

• Student must be enrolled at least half-time (minimum of 6 credit hours)
• Parent must be a credit worthy borrower
• Parent must complete the Plus Loan Pre-Approval (see below)
• Parent must complete the Master Promissory Note (see below) 
• Variable interest rate with a 9% cap 
• Parents may borrow up to the cost of education, minus any Financial Aid
• Repayment begins 60 days after the loan is fully disbursed, but parent has the ability to defer payments while the student is in school

Parents who are new borrowers and wish to borrow money to help fund their student's education may do so through the Parent PLUS Loan program. The borrower may complete the PLUS Loan Application and Master Promissory Note (MPN) online by clicking on the link below. This link will first take you through the pre-approval process. Once this is complete, a credit decision will be returned to you within seconds. If the parent borrower is pre-approved, they will then be directed to complete the PLUS Loan application and MPN.

Complete the PLUS Loan Pre-Approval, Application, and Master Promissory Note

You may request a paper form of the Parent PLUS Loan MPN be mailed to you by calling the Financial Aid Office at (304) 243-2304.