Graduate/Professional PLUS Loan

You may also apply for the Graduate/Professional PLUS loan. The PLUS loan interest is 8.5%. The interest accrual and repayment begin within 60 days of the 2nd disbursement. The award amount is determined by your cost of attendance minus any other financial aid you are receiving. You:

• Must have first exhausted your Stafford loan eligibility.
• Must pass a credit check.
• Must be enrolled at least half-time in a degree-seeking program.
• Must file the FAFSA annually.