Apply for Parent Plus Loan Application online Eligibility & Check Status

US The Department of Education works to provide Direct PLUS loans to eligible parents through schools participating in the Direct Loan Program. Here PLUS loans are also provided for undergraduate or professional students. Also, a Direct PLUS loan is commonly referred to as a Parent PLUS loan when it is disbursed to the original borrower.

Parents can use the online application to apply for a PLUS loan. you need to check your Eligibility requirements for the parent plus loan application.

Note: Most of the schools here require you to submit the PLUS loan application online. However, some schools also have different application processes.

Direct PLUS Loan Application for Parents

The PLUS loan application allows a parent to:

  • Request a Direct PLUS loan;
  • Change the amount of the Direct PLUS loan you previously requested;
  • authorize how the school can use your Direct PLUS loan funds to pay for educational expenses;
  • specify to whom the school pays the credit balance; And
  • Request a deferment of repayment while the student is in school and up to 6 months thereafter.

Parent plus loan application Eligibility

Following are all the requirements to be eligible for Parent PLUS Loan.

  • A dependent is the biological or adoptive parent (or in some cases, step-parent) of a dependent graduate student enrolled at least half the time at an eligible school.
  • do not have an adverse credit history (unless you meet certain additional requirements);
  • Must meet general eligibility requirements for federal student aid.

Note: Grandparents (unless they have adopted a legally dependent student) and legal guardians are not eligible to receive Parent PLUS loans, even if they have the primary responsibility for raising the student.

How to apply for Parent PLUS loan Application?

You can apply online by visiting Direct Plus Loan Application for Parents. But before that keep in mind that before applying for Parent Plus Loan, make sure that your child has filled the FAFSA form.

Important: Most schools require you to apply for a Direct PLUS loan online, but some schools have different application processes.

This site contains a list of schools that participate in the Direct Loan program, when you select your child’s school from the list, the site will let you know if the school has a different application process. In that case, parents should contact the school’s financial aid office to find out how to request a PLUS loan.

Step to apply for parent plus loan application online

Step 1: First of all, visit the official website of Direct PLUS Loan Application for Parents. (https://studentaid.gov/plus-app/parent/landing)

Step 2: Then log in to your account using FSA ID Username, Email, or Mobile Phone and password. you can easily check the demo view.

parent plus loan application
parent plus loan application

Step 3: After that, you need to enter all required Loan Information, Borrower Information, Review and Credit Check and Submit.

How long will it take?

The entire Direct PLUS loan application process has to be completed in a single session. It may take around 20 minutes to apply for a Basic PLUS loan.

How to check Parent plus loan application status

To check the parent plus loan application status, you have to do it in your account and by going to the status section, you can see the status by filling in the required details. With this, you will also be able to get the loan application confirmation check on your email within 24 hours.

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