PLUS (Parent Loan for Undergraduate Students)
Federal Direct Loans in which the parent of a dependent student is the applicant/borrower.
The PLUS Loan is limited to $20,000 per year, not to exceed $65,000 for the student's undergraduate study. A credit check is required to determine eligibility. Parent borrowers must complete a PLUS application and a Master Promissory Note (MPN) at studentaid.gov.
For additional information including current interest rates and origionation fees, please visit the Federal Student Aid website.