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Federal Direct GradPLUS Loan

This is a Federal Student Loan program.

A credit check is required every time a student requests a Grad PLUS loan.

Who may apply: Students in all programs who meet the special qualifications

Special Qualifications: Students must:

  • Be enrolled at least half-time (6 credit hours for most programs)
  • Be a U.S. Citizen or Permanent Resident
  • Have good credit, as determined by Department of Education

Maximum: Up to cost of attendance, less other financial aid received


  • Unsubsidized (interest accruing) during school, grace, or deferment
  • Fixed interest rate

Fees: Origination fee applies


Repayment Options:

Postponing Repayment:

Credit Information

Credit Criteria:

Credit approval is based on federally mandated criteria, not a credit score. In order to qualify you must not have any of the following items on your credit report:

Any current delinquency of 90 days or more any of the following within the preceding five years of the date of the credit check: default, bankruptcy, discharge, foreclosure, repossession, tax lien, wage garnishment, write-off of a Title IV debt, open collection.

Recent changes in the law that governs the terms an conditions of Grad PLUS Loans establish a specific circumstances for certain Grad PLUS Loan applicants who would otherwise be considered to have an adverse credit history. Specifically, a Grad PLUS Loan application may qualify for a Grad PLUS Loan based on extenuating circumstances if the applicant:

Has been or is delinquent for 180 days or less on mortgage loan payments, or on medical bill payments for the application or the applicant's family, AND

Does not otherwise have an adverse credit history as determined in accordance with the federal regulations that apply to Grad PLUS Loan applicants.

Credit Approval:

Credit approval is valid for 90 days. Your credit is evaluated every time you request a new loan unless you have had a credit decision within the preceding 90 days.

If you think you may have one or more of the items outlined in the credit criteria listed above you may want to obtain your credit report in advance of applying for a Grad PLUS Loan. You should work to correct negative items on your credit as soon as possible.

Credit denial options include:

  • Applying for the loan with an endorser, which is a credit worthy loan cosigner
  • Correct any invalid information on your credit report and reapplying
  • Appeal the denial with Application Services (contact Student Financial Services for details)