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Federal Direct PlUS Loan APPlication University of Maine Umaine  Form

Federal Direct PlUS Loan APPlication University of Maine Umaine Form

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[Music] a federal direct plus loan is a loan through the us department of education that the parent of a dependent undergraduate student can borrow to help finance their students education the parent will be the borrower and the parent will be responsible for paying back this loan not the student plus loan eligibility is based on the parent's credit score and a qualified parent can borrow up to the dependent student's cost of attendance if a dependent student's parent applies for the plus loan but is denied that student can request for an increase in their federal direct unsubsidized loan up to the annual loan limit of an independent student there is also a federal direct grad plus loan which is for graduate level students a grad plus loan is based on the student's credit score and the student would be the borrower not the parent for additional information please visit our website or contact our office you

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