If you’re looking to finance graduate school or a professional certificate, We can help with the new Graduate PLUS loan. It lets graduates and professional students borrow up to the cost of attendance less other financial aid. You can take out Graduate PLUS loans in addition to Stafford loans. Click here to apply and to access the right forms.
Who it’s for |
Graduate and professional students |
Eligibility |
You must be:
- Accepted for enrollment or already enrolled at least half-time at a school in the FFEL Program
- Seeking a degree, professional credential, or teacher state certification
- Maintaining satisfactory academic progress
- Have applied for other types of financial assistance at the school you plan to attend, and have borrowed the maximum amount allowed under the Stafford loan program
- A U.S. citizen or national
- Credit worthy
- In good standing on any other government-regulated student loans and on any other federal financial aid program
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Advantages |
A low-interest way to help pay for tuition, fees, room and board, books, supplies, transportation, and living expenses
You can borrow up to the cost of attendance less other financial aid
Grad PLUS may be taken out in addition to a Stafford loan
You are eligible for payment deferment while in school at least half time |
Benefits |
- Low interest rate
- $100 reduction in loan principal for deployed military and reserves
- Life and disability insurance included
- Free check-by-phone
- 24/7 account access and live help 8-5, M-F MT
- Combined statements for all loans
- Excellent customer service from a Wyoming-based nonprofit firm
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Interest rate |
8.5% fixed |
Fees |
3% origination fee
1% federal default fee |
Annual loan limits |
None |
Repayment |
You’re responsible to start repaying principal and interest after the loan funds are disbursed or within 45 days of the end date of a qualified deferment period |
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