Federal Direct PLUS Loans are unsubsidized loans for the parents of dependent students and for graduate students. PLUS loans help pay for education expenses up to the cost of attendance minus all other financial assistance. For more detailed information, including eligibility requirements, loan limits, interest rate, and loan charges visit the Federal Student Aid site.
Parents and graduate students interested in borrowing a PLUS Loan must first create a Federal Student Aid (FSA) ID, if one has not previously been created. Your FSA ID is needed to complete your loan requirements as well as to sign the FAFSA, which must be submitted for the academic year you intend to borrow the PLUS Loan, whether or not you wish to be considered for other need-based federal aid. In situations where there is a custodial and a non-custodial parent, both may apply for a PLUS Loan, however, only the custodial parent must complete the FAFSA.
You may borrow a PLUS Loan for fall semester only (August – December), spring semester only (January – May), or for the entire academic year (August – May).
You will need to provide information for yourself, your student, your employer, if employed, and the names and contact information of two people to list as references. When you, the borrower, are ready to begin the PLUS Loan application process, go online and sign in using your FSA ID, this designates you as the borrower. After you have successfully logged in, click on the link to Complete Direct PLUS Loan Master Promissory Note (MPN) and refer to the steps below.
If you are borrowing Parent PLUS loans for more than one student, you will need to complete a separate MPN and a separate application for each one.
Graduate students may request a Graduate PLUS loan. Upon successful log-in, click on the link to Complete a Direct Subsidized/Unsubsidized and PLUS Loan Master Promissory Note (MPN) and refer to the steps below.
Office of Financial Aid
300 Pulteney Street, Demarest Hall
Geneva, NY 14456
Phone: (315) 781-3315
Fax: (315) 781-4048