Graduate PLUS Loans are fixed-rate loans for graduate or professional degree students enrolled at least half time (5 or more credit hours). In order to be awarded a Federal Direct Graduate PLUS Loan, you
must file a
Free Application for Federal Student Aid.
Federal Graduate PLUS Loans are subject to credit approval and may be denied. To qualify, you cannot have adverse credit history. View what is considered to be adverse credit history
here.
The
Bipartisan Student Loan Certainty Act of 2013 ties federal student loan interest rates to financial markets. Loan interest rates are determined each June for new loans being made for the upcoming award year, which runs from July 1 to the following June 30. A loan origination fee is deducted from each loan disbursement. For information on interest rates and loan origination fees, visit
Federal Student Aid.
