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Parent PLUS Loans

The Federal Parent PLUS Loan is a loan borrowed by a parent on behalf of a child to help pay for tuition and school related expenses. A PLUS loan allows a parent to borrow the total cost of undergraduate education including tuition, room and board, and any other eligible school expenses, minus any aid the child is receiving in their name. The Plus Loan is a credit based loan and requires good or favorable credit, or a cosigner. The interest rate on a PLUS loan is at a 6.31% fixed rate.

Good things to know before you get started 

    • Your child can receive a Parent PLUS loan only if you complete the application above.

    • Please be prepared to provide your student's Social Security Number (SSN) and date of birth.

    • Be prepared to provide the name, address, and phone number of two references. Your references cannot share the same last name, address, or phone number.

  • To ensure the prompt delivery of your loan information, please provide a valid e-mail address.

Guaranteeing a Parent PLUS loan 
If your child was awarded the option to have you take out a Parent PLUS loan on their behalf, you will be required to complete a Parent Plus Loan application online via studentloans.gov. Click to button below to apply.