Need Help?

Skip to Content

CCA Portal

Federal Direct Graduate PLUS

Last updated on Sep 23, 2022

Graduate PLUS Loans

The Federal Direct Graduate PLUS Loan is a fixed interest loan program that enables graduate students to borrow directly from the U.S. Department of Education to help pay for their educational expenses.

  • This loan is only available to U.S. Citizens and permanent residents.
  • This loan has many benefits such as a fixed interest rate, high credit approval rate and streamlined application process. Loan payments can be deferred while in school at least half time and the loan has flexible repayment options. As part of the Federal Direct Loan Program, this loan would also conveniently become part of your loan account that contains your Federal Direct Subsidized/Unsubsidized Loan(s), thus reducing your number of lenders.
  • Graduate and professional students are eligible to take out Federal Direct Graduate PLUS Loans on their own behalf. These credit-based loans are not determined by financial need. Graduate PLUS Loans are financed directly by the U.S. government, so you do not need to choose a lender.

Important Notes

  • Repayment of graduate PLUS loans begins six months after you graduate or cease to attend school at least half time.
  • Graduate PLUS loans may offer a better deal for the majority of students than alternative loans.
  • This is a credit-based educational loan program. Creditworthiness is determined by the U.S. Department of Education. If you do not meet the federal credit requirements, you can still receive a loan provided you obtain an eligible endorser (cosigner).
  • The U.S. Department of Education must review your credit (and your cosigner's credit, if applicable) each time you apply for a Graduate PLUS Loan.