Students pursuing a Master's degree or a Doctorate may apply for the Federal Direct Graduate PLUS Loan to help pay for education expenses. Depending on creditworthiness, students can borrow the difference between the Cost of Attendance (COA) and the total financial aid award listed on the Financial Aid Award Letter. The Interest Rate for Federal Direct Graduate PLUS Loans made on or after July 1, 2023 and before July 1, 2024 is 8.05%. The Interest Rate for Federal Direct Graduate PLUS Loans made on or after July 1, 2022 and before July 1, 2023 is 7.54%.
- Meet general eligibility requirements
- Enroll at least half-time each semester
- File the current year's FAFSA (Free Application for Federal Student Aid)
Students may complete the Graduate PLUS Loan Application online at www.StudentAid.gov.
Federal Graduate PLUS Loan or Private Alternative Loan?
Not sure what your Cost of Attendance budget is? Select your program from the list below: