Apply for a PLUS Loan

  1. Go to the Federal Student Loan website: www.studentloans.gov
  2. Sign in using the parent FSA ID. The FSA ID is new as of May 10, 2015 and is used to access Federal Student Aid sites (e.g. www.fafsa.ed.gov and www.studentloans.gov). 
  3. Click on Request a PLUS Loan.

Note: If a parent is determined ineligible to borrow through the Federal Direct PLUS Loan Program, the student may be eligible for an Additional Unsubsidized Federal Direct Stafford Loan. First and second year students are eligible for up to an additional $4,000 per year, while third, fourth, and fifth year students are eligible for up to an additional $5,000 per year.

PLUS Master Promissory Note (MPN) Required

If you decided to borrow a Federal Direct PLUS Loan, you (the parent borrower) are required to complete a PLUS Loan Master Promissory Note (MPN). The student does not complete any part of the PLUS Loan application or PLUS Loan MPN. The PLUS Loan MPN can be completed online using the parent's PIN issued by the U.S. Department of Education. If you have misplaced your PIN, go to www.pin.ed.gov to request a duplicate one.

The PLUS Loan MPN can be used to make one or more loans for one or more academic years and, in most cases, the parent borrower may then receive additional PLUS Loans for that student at that school for up to 10 years without completing a new PLUS Loan MPN. However, the parent borrower must reapply for a PLUS Loan each year.