KSU Student Financial Aid: Parent PLUS Loan

Federal Direct PLUS Loan for Graduate Students

Graduate PLUS is a federal student loan designed for Graduate students who have reached their annual maximum for the Federal Direct Subsidized and Unsubsidized Loans.

To apply for the Graduate PLUS, download a copy by clicking here and mail or fax to the Student Financial Aid Office.

To be eligible to receive a Grad PLUS loan the borrower must:

File the current year Free Application for Federal Student Aid (FAFSA)

Exhaust all eligibility for Federal Direct Subsidized and Unsubsidized loans ($20,500/yr or $138,500 lifetime limit)

Complete and return the Graduate PLUS Application to Student Financial Aid

Pass a credit evaluation performed by the Department of Education

Have a signed MPN on file with the Department of Education. Click here for the Department of Education Web site

Must complete Entrance Loan Counseling sessions for graduate PLUS. Click here for the Department of Education Web site

Be registered at least half-time (4 credit hours) during the loan period

Not be in default or have an overpayment on any Federal Title IV financial aid program