Federal Direct PLUS loans are non-need based loans for the parents of enrolled, dependent students. Under this program, parents can borrow up to the
total cost of education minus their student’s expected financial aid. Repayment begins 60 days after the loan is fully disbursed. Deferment options
are available.
The PLUS loan application process is located at Studentloans.gov, a federal website where:
- Parents of Undergraduate students and Graduate students complete a PLUS application
- Endorsers co-sign for PLUS
- Borrowers can appeal credit check decisions during the application process
- Borrowers complete the Master Promissory Note (MPN)
At this site, you can apply and receive a credit decision for your PLUS application. Rutgers will certify the actual loan amount once your financial
aid package has been constructed. For most, this occurs in late June. When your PLUS award has been posted to your financial aid account, you will
receive an email notification from our office to view your revised Financial Aid Award Letter.
Summary Information
How much should you borrow?
PLUS Repayment Information
Loan Repayment Estimator
Academic Year 2013-2014
The PLUS loan application will be available starting from July 1, 2013.
Actual tuition and fee amounts are determined in mid-July 2013, for the 2013-2014 academic year. Therefore, we recommend that you request the maximum amount,
up to the school’s cost of attendance. PLUS loans can be easily reduced through a written statement from the borrower if you decide later to decrease the
requested amount. If you or your parents wish to increase the amount of your 2013-2014 PLUS loan, please go to studentloans.gov.
Academic Year 2012-2013
The PLUS loan application for the 2012-2013 is currently available. To apply, please go to studentloans.gov.
Actual tuition and fee amounts are determined in mid-July 2012, for the 2012-2013 academic year. Therefore, we recommend that you request the maximum amount,
up to the school’s cost of attendance. PLUS loans can be easily reduced through a written statement from the borrower if you decide later to decrease the
requested amount. If you or your parents wish to increase the amount of your 2012-2013 PLUS loan, please go to studentloans.gov.
How to Apply for PLUS
At StudentLoans.gov, click  |
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| Enter your Social Security Number, first two letters of your last name, date of birth and your federal PIN. |
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| Go to 'Start PLUS Loan Application Process'. |
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| Select the loan type. Follow directions to complete the four step process. |
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NOTE: New PLUS borrowers will be required to complete a PLUS MPN with their application.
For more information: PLUS for parents or PLUS for graduate students.
Applications for PLUS loans are available @ StudentLoans.gov
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Mission Statement
THE PRIORITY FILING DEADLINE FOR ACADEMIC YEAR 2013-2014: MARCH 15, 2013
