Federal Direct Graduate PLUS Loan (GRAD PLUS)

Graduate students (post-baccalaureate) may apply for a GRAD PLUS Loan. This loan can be used to supplement other financial aid, such as the Direct Stafford Loan. Repayment of this loan begins within 60 days after the entire loan has been disbursed. The GRAD PLUS Loan is subject to in-school deferment, but it is not automatic. Deferment can be granted by the lender after providing proof of at least half-time enrollment. Interest accrues upon disbursement and continues to accrue during periods of deferment or forbearance.

Graduate students seeking a Grad PLUS Loan for the 2015-16 academic year may apply after June 1. Loan applications are available on the Federal Student Loan website.