Parent PLUS How to Apply

  • Complete the Free Application for Federal Student Aid (FAFSA)
  • Calculate how much you want to borrow for the year (aid period = August - April for the typical fall/spring aid year). The total amount you can borrow is equal to your student's Cost of Attendance minus other Estimated Aid (these figures are listed on your student's financial aid offer).
    • Utilize the University's tuition calculator to calculate tuition, fees, room, meal plan. You can also input the financial aid awards, your savings and other resources in order to determine how much of an additional loan is needed.
  • Borrowers can request the exact amount they wish to borrow or choose to have the school determine the maximum amount they are eligible to receive.  If you choose the latter option, indicate “maximum” in the field on the application where the loan amount is recorded.
    • Borrowing the annual maximum often results in a refund, so please review accordingly. 
  • Calculate the loan fee. There is a 4.228% loan origination fee (for loans first disbursed on or after October 1, 2021 and before October 1, 2022) on all Direct PLUS Loans. The fee will be proportionately deducted from each loan disbursement.
  • Access the PLUS loan application by visiting on the U.S. Department of Education Student Loans website. You will need the FSA ID you used to file the FAFSA. Apply for your FSA ID if you do not have one already.  NOTE: You must complete the PLUS application in order to see if your credit is approved for the loan before you can complete the Master Promissory Note (MPN).
  • For the upcoming academic year, parents must wait until early-June to apply for the PLUS loan.