Federal Parent PLUS Loan
Fixed Interest Rate of 6.41%
Origination fees are 4.204% of the principal loan amount
Payments begin when the loan is fully disbursed for the year or the borrower can apply to have the loan deferred while the student is in school
NOTICE: To complete the Parent PLUS Loan paperwork, you will need your SSN and FAFSA PIN.
The application for the Federal Parent PLUS Loan requires the following forms be completed:
1. Request for Direct PLUS Loan
2. PLUS Loan Master Promissory Note
To complete both of these forms, sign in at www.studentloans.gov.