Parent Loan for Undergraduate Students (PLUS)

Parent loans are designed for parents who want to borrow to help pay for their dependent children’s educational expenses. Parent borrowers generally must begin repaying the principal and interest within 60 days after the loan is completely disbursed.

Students and parents wishing to apply for education loans must meet all requirements for federal financial aid, and parents must complete a Master Promissory Note on the StudentLoans.gov website.