Graduate and professional degree students can apply for a Direct Graduate PLUS Loan to help cover educational expenses. If you are thinking that a Direct Grad PLUS Loan is for you, here are some things to keep in mind:
Direct Loan Interest Rates
|Aid Year||Disbursement Dates||Graduate PLUS|
|2014-2015||First Disbursed between July 1, 2014 and June 30, 2015||Fixed at 7.21%|
|2015-2016||First Disbursed between July 1, 2015 and June 30, 2016||Fixed at 5.84%|
You may also review additional Graduate PLUS loan interest rate information.
If you wish to apply for a Direct Grad PLUS Loan, you may do so by completing the following steps: