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IMPORTANT: Accepting the Grad PLUS amount on CougarNet will NOT disburse funds to your account. The student borrower MUST complete an application at

Federal Direct Graduate PLUS Loan

Federal Direct Graduate PLUS Loans are offered to graduate/professional students to help pay for educational expenses not covered by other financial aid. A credit check will be performed during the application process, and is based on the applicant being credit-worthy. The maximum Graduate PLUS Loan amount you can borrow is the Cost of Attendance minus all other financial aid received. The Cost of Attendance may be found on your award letter on CougarNet. It is important that you only borrow what you need.

How to Apply

To receive a Direct Graduate PLUS Loan, the student must first complete the Free Application for Federal Student Aid (FAFSA). The student must then complete a Graduate PLUS application by logging in with their FSA ID at Even if you have completed an application for fall/spring, a separate application is required for summer. Your credit check is valid for 180 days. Any additional applications during that time will use the same credit information to make a decision on your eligibility.

Note: All first-time Grad PLUS Loan borrowers must complete a Master Promissory Note (MPN) and Entrance Counseling at for Graduate PLUS loans.

Can I Still Receive a Direct Grad PLUS Loan If I Have an Adverse Credit History?

If you have adverse credit history, you may still receive a Direct Grad PLUS Loan through one of these two options:

  • How to obtain an endorserAn endorser is someone who is credit-worthy who agrees to repay the Direct Grad PLUS Loan if you do not make payments.  The potential endorser must complete an Endorser Addendum at

Note: For borrowers whose application is approved based on an endorser, a new MPN must be completed with each application.

  • How to appeal your denied credit decisionDocumenting to the satisfaction of the U.S. Department of Education that there are extenuating circumstances relating to your adverse credit history may make you eligible to receive a Direct Grad PLUS Loan.

All applicants whose Grad PLUS Loans are approved based on these two options must complete PLUS Counseling with each application. Please scroll down to the third option to select PLUS Counseling

Loan Fees

There is a loan origination fee on all Direct Grad PLUS Loans. The fee is a percentage of the loan amount and is deducted from each loan disbursement. The percentage varies depending on when the loan is first disbursed.

Current Interest Rates

For current Direct Grad PLUS Loans interest rates, click here.

How Will I Receive My Loans?

The school will first apply loan funds to the student’s account to pay for tuition, fees, room and board, and other school charges. Any excess funds will result in a refund that will be disbursed to the student. All refunds are disbursed by the Office of the Bursar

When Will Repayment Begin?

Repayment will vary based on the repayment plan chosen at the time of application. Carefully review your repayment options when applying. 

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