The Direct PLUS Parent Loan is a non-need-based loan for the parents of dependent undergraduate students who are enrolled at least half-time. Standard repayment begins once the loan is fully disbursed. Borrowers may request to defer payment until after the student ceases to be enrolled at least half-time. Please note there are Master Promissory Note (MPN) and Entrance Counseling requirements.
For additional information and the Direct Parent Loan application, please visit www.studentloans.gov.