Direct Graduate PLUS Loans

Application Process »

The Direct Graduate PLUS Loan is an excellent option to assist in financing a college education. It is available to Graduate students enrolled at least half time (at least 3 units per semester). Generally, a student can borrow up to the Cost of Attendance less any other Financial Aid he or she is receiving. If you have questions, please contact the Financial Aid Office.


The interest rate on Direct PLUS Loans is fixed at 6.41%. Interest begins to accrue after the first disbursement, and payment of principal and interest begins 60 days after the final disbursement.


Origination Fee

All Direct PLUS Loans are subject federal origination fee which is subtracted from the loan at the time of disbursement.

First Disbursement Loan Fee Fee on a Loan Amount Of
On or after July 1, 2013 and
Before December 1, 2013
4.204% $420.40 on a $10,000 loan
On or after December 1, 2013 and
Before October 1, 2014
4.288% $428.80 on a $10,000 loan

Annual Loan Amount

When completing the loan application, the Graduate student will have the option to either:

  • "specify a loan amount" OR
  • "borrow the maximum Direct Graduate PLUS Loan amount for which I am eligible, as determined by the school"

If an adjustment to the amount of the Direct Graduate PLUS Loan is needed for any reason, the student must complete and submit a Loan Change Request Form before the start of the term.


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