The Federal Parent Loan for Undergraduate Students (PLUS) is a federal loan made by private lenders to credit-worthy parents of dependent students enrolled for at least six credit hours. The interest rate is fixed at 8.50% *. Parents are responsible for all interest, which begins accumulating after the first disbursement. PLUS loan repayment begins after the final disbursement.
* The fixed interest rate applies to Stafford and PLUS loans with a first disbursement on or after July 1, 2006. Loans with a first disbursement before July 1,2006 have a variable interest rate
Download the PLUS Request Form (Adobe Acrobat Reader required).
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