New parent borrowers wishing to apply for a Parent PLUS Federal Direct Loan need to complete the following:
- Parent PLUS Federal Direct Loan Request Form
- Federal
Direct Loan Master Promissory Note (this only needs to be completed if
you are a first time loan borrower) After Clicking submit on the Parent
PLUS Federal Direct Loan Request Form you will be automatically linked
to the Federal Direct Loans MPN website to complete the MPN.
The maximum PLUS Loan amount you can borrow is your cost of
attendance minus any other financial assistance you will receive.
The
interest rate for the Direct PLUS Loan is a fixed rate of 7.9%
studentaid.ed.gov
