The rates are adjusted annually on July 1st. You are responsible for beginning repayment approximately one to two months after receiving your PLUS loan. Payments of principal may be deferred while the child is attending school on a full-time basis. Other deferment options are available. Please be sure to specify exactly the type of student loan application you are requesting.
Applications are also available at school financial aid offices.
Before completing the application, make sure that you have filed the appropriate federal, state and school financial aid forms. Your college financial aid officer or guidance counselor can assist you with this step. At that time, submit your completed application to the school for certification. Apple Bank will provide you with a response to your application usually within 24 hours of receipt of the completed forms. Please be sure to specify exactly the type of student loan application you are requesting.