A Federal PLUS Loan may not exceed the student's estimated cost of attendance minus any estimated financial assistance the student has been or will be awarded during the period of enrollment. Funds are borrowed from private lenders. An insurance fee and an origination fee are assessed at the time the loan is made. Interest rates may vary from year to year and will be determined by the Federal Government. Information regarding interest rates, deferments, and repayment terms is available from private lenders.
Loans are co-payable to the parent and the school.
Applications are available from lenders and the Financial Aid Office.