Federal Graduate PLUS Loan

  • The Graduate PLUS Loan is made to degree or certification seeking graduate students enrolled half-time or more, who have been awarded or notified of their maximum eligibility for a Federal Stafford Loan.
  • A credit check is required and FAFSA results must be on file with the Financial Aid Office.
  • A creditworthy cosigner is required for applicants who fail the credit test.
  • Students may borrow up to the cost of attendance minus other financial aid received.
  • Interest begins to accrue from the date of disbursement and continues through any deferment or forbearance until the loan is paid in full.
  • Payments of principal and interest may be deferred during periods of enrollment of at least half-time (6 hours/semester or more).
  • Interest payments not made during periods of enrollment or deferment will be capitalized.