Fafsa Parent Plus Loan Login

The U.S. Department of Education makes Direct PLUS Loans to eligible parents and graduate or professional students through schools participating in the Direct Loan Program. Note: A Direct PLUS Loan is commonly referred to as a parent PLUS loan when made to a parent, and as a grad PLUS loan when made to a graduate or professional student. [highlight] Begin your Direct PLUS Loans …

As a parent borrower, the Direct PLUS Loan Application also allows you to: Designate whether the school pays any credit balance to the student or to you. Request a deferment while the student is in school; Request an additional deferment for 6 months after the student ceases to be enrolled at least half time.

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(PLUS loans taken out by graduate students are called GradPLUS loans, but this section only deals with Parent PLUS loans.) PLUS loans are in addition to the loans taken out by your child, and your PLUS loan will cover the entire cost of tuition, room and board, and other school-related expenses that your child’s financial aid doesn’t cover.

What kind of loans can a parent take out for their undergraduate student? A Parent PLUS Loan is available to students with a FAFSA on file and covers the Cost of Attendance. A master promissory note must be completed to receive this loan and repayment options will …

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How To Apply. If a parent wishes to borrow this loan, the student must first accept the loan on the award notice on MyUW. If the PLUS loan is not part of the financial aid award, the student or parent may contact our office to request to have the loan added.