Limited deferment provisions. Because of this fee, the actual Direct Loan amount applied to your University Account will be lower than that listed on your Award Notice. Federal Direct PLUS Loan Detailed Information from the Department of Education on PLUS Loans Federally funded. For more information, see the Loan Information page. Student enrolled at least half-time in degree or certificate program.
Parent borrows on behalf of undergraduate student.
Parent must meet credit worthiness standards. Parent must be a U.S. citizen or an eligible non-citizen. Separate application required. Contact OFA for forms after May or June . Repayment of principal and interest begins 60 days after loan disbursed.