Federal Direct Graduate PLUS Loan


The application process includes a credit check to ensure the student does not have an adverse credit history.

Students must be enrolled at least half time in a degree-granting or eligible certificate program. Continuing students must also maintain Satisfactory Academic Progress (SAP)

Loan Limits

Students may borrow up to their full cost of attendance minus any other financial aid they receive. We encourage students to limit borrowing to only what is necessary to cover educational expenses.

Interest Rate and Origination Fee

The interest rate is fixed at 9.08% for loans disbursed between July 1, 2024, and July 1, 2025. Interest begins to accrue upon disbursement.

There is a 4.228% origination fee deducted from each loan disbursement. The actual disbursement amount is approximately 95.772% of the borrowed loan amount.


Repayment begins 60 days after your loan is fully disbursed. During the application process, you are given the option to defer repayment until after you graduate or your enrollment drops below half time.