The undergraduate student must first be determined eligible for all or any portion of a subsidized Federal Stafford Student Loan. Annual loan limits, rate of interest, and enrollment requirements are the same as the Stafford loan program. The Federal Plus Loan for Undergraduate Students Program enable eligible parents to borrow money to assist in the educational expenses of their dependent sons and daughters. The loan amount borrowed may not exceed the student's estimated cost of attendance minus estimated financial assistance the student has been or will be awarded during the period of enrollment. Financial need is not a prerequisite for eligibility in this program.
Interested parents can obtain a loan application from a participating lender.