Direct PLUS Loans for Graduate and Professional Degree Students


  • Grad PLUS loans follow the same general guidelines as listed in the Parent PLUS information above, with the exception that this is the student's loan, not the parents.
  • Enrolled at least half-time in a graduate or professional program
  • Applicant needs to complete the FAFSA (
  • Loan Counseling required (
  • Processing fee: 4%
  • Interest rate: 7.9% fixed
  • Repayment starts within 60 days of the final disbursement for the current year; payments may be postponed until 6 mos. after the student has graduated or is no longer at least a half-time student
  • Repayment timeline: 10 years
  • For more information please read:   


Online application   (

Sign the master promissory note   (

Loan Entrance Counseling   (