Federal Parent PLUS Loan
- Fixed Interest Rate of 7.9%
- Origination fees are 4% of the principal loan amount
- Payments begin when the loan is fully disbursed for the year or the borrower can apply to have the loan deferred while the student is in school
NOTICE: To complete the Parent PLUS Loan paperwork, you will need your SSN and FAFSA PIN.
The application for the Federal Parent PLUS Loan requires the following forms be completed:
1. Request for Direct PLUS Loan
2. PLUS Loan Master Promissory Note
To complete both of these forms, sign in at www.studentloans.gov.