联邦直接父母加贷款

Key Features

  • Can borrow total annual cost of attendance minus other financial aid
  • 最低限度的信用检查是必需的
  • The borrower is a parent of a dependent student
  • Interest rate is “variable-fixed”:  the PLUS Loan interest rate is adjusted each year for new loans but remains fixed for the life of that particular loan.
  • 还款期为十年.
  • You (the parent) can request to defer a plus loan for up to four years while student is enrolled as an undergraduate (all requests are accepted). To request a deferment on a 联邦直接父母加贷款, you must call Direct Loan Servicing at 1-800-848-0979. Be sure to find out who your loan servicer is so you can request the deferment from them. 

Note

While the credit approval process on a Federal Direct PLUS Loan is more lenient than private, alternative education loans through an outside lender in that there is no debt-to-income ratio calculation, please note that if you have one of the following items on your credit report, you will likely be declined on a PLUS Loan: 

  1. 拖欠任何债务90天或以上
  2. Declared bankruptcy chapter 7, 11 or chapter 12
  3. 在止赎
  4. 在收回账户
  5. 税务留置(县、州或联邦)
  6. 租赁或合同因违约而终止
  7. 扣发工资
  8. 拖欠学生贷款
  9. Charged off account with an account balance greater than zero dollars
  10. Collection account with an account balance greater than zero dollars

Due to changes in the Federal PLUS Loan credit criteria a few years ago, individuals previously approved on a PLUS Loan may now encounter a denial if they have item 9 or 10 as noted above on their credit report.  

申请联邦直接贷款

To use a PLUS loan, the borrower must follow these steps:

1. 家长借款人登录 www.studentaid.gov 使用自己的FSA ID和密码.

2.  Under Apply for Aid, click on 申请PLUS贷款.

3.  如获批准,填写一份 联邦直接加MPN (Master Promissory Note) online at http://studentloans.gov.  FSA ID required.  Only required for first-time Federal Direct PLUS borrowers.  MPN的有效期是10年. 

Keep in Mind

  • The PLUS loan is only available to cover charges during the current academic year and cannot be used for prior academic years.
  • In the event that you are denied for the PLUS Loan on the basis of your credit, the federal government automatically allows your student to receive an additional Unsubsidized Federal Stafford Loan in his/her name, totaling $4,000/year as a freshman or sophomore; $5,作为三年级或四年级学生. You must apply for the Federal Direct PLUS Loan and be denied each year for your student to qualify.
  • If you wish to 对信贷拒绝提出上诉 你的联邦直接贷款, contact Direct Loan Applicant Services at 1-800-557-7394 for information on the process.
  • 如果你没有通过PLUS Loan的信用检查, you may choose to use an endorser (co-signer) on the PLUS Loan. To do so, contact your student's financial aid counselor directly at 215-572-2980 or via email. 
    • 您的背书人将需要获得 FSA ID and then complete the Endorser Addendum online via www.Studentloans.gov. (they must sign in using their own SSNO and FSA ID).
    • Your endorser will need a Loan ID, which the Financial Aid Office will provide. 
    • 背书人经批准的, you (the parent borrower) must complete a new PLUS MPN at http://studentloans.gov, even if you previously completed a PLUS MPN in a prior year. Every endorsed loan requires a new PLUS MPN.