Increasing an Existing Federal Direct Graduate PLUS Loan

What to Know Before Requesting a Graduate PLUS Loan Increase

  • Fordham’s academic year begins with the fall term and ends with the summer term.  
  • If you do not have a Graduate PLUS Loan in place for this academic year, here’s how to apply
  • If you choose a loan period that includes more than one term, your total loan amount will be spread evenly across the number of terms you choose
  • There is a 4.228% origination fee deducted from each loan disbursement.  To calculate the total loan amount you should request, divide the amount you need by 0.95764.  
    • For example: if you need $8,000 to cover your expenses, request $8,354. ($8,000/0.95764 = $8,353).
Amount You Are Borrowing:
Fees: $
Amount You Will Receive: $
  • ** If you are subsequently approved after using one of these options you must complete PLUS Credit Counseling before your loan will disburse.