Steps to Apply for a Federal Direct Parent PLUS Loan on StudentLoans.gov

Important Note:  In addition to completing the steps below, the borrowing parent must also complete the UGA Office of Student Financial Aid (OSFA) Federal Direct Parent PLUS Loan Request Form (PDF) and submit it to OSFA via fax, mail or bring to the office each time a parent applies for the Parent PLUS Loan.

  1. The parent borrowing the Parent PLUS Loan must log in to StudentLoans.gov using his or her Federal Student Aid (FSA) ID:

    PLUS loan graphic

  2. Once Logged In, click on “Apply for a Direct PLUS Loan”:

    PLUS graphic 2

 

  1. Carefully read the information and then select the Direct PLUS Loan Application for Parents:

    PLUS graphic 3
  1. Provide all information requested on the PLUS Loan Application – Be sure you select the correct Award Year for which you are borrowing the PLUS Loan. For example:  If the PLUS Loan is for the Fall 2018 and/or Spring 2019, or Summer 2019 you would select 2018-19.  If the PLUS Loan is for the Fall 2019 and/or Spring 2020, or Summer 2020, you would select 2019-20 (once available):

    PLUS graphic 4

 

  1. Carefully read the information under the section Deferment While Student is Enrolled in School and be sure to check “Yes” or “No” to the question at the end.

PLUS graphic 5 

  1. Carefully read the information under the section Request for 6-Month Post-Enrollment Deferment and then answer “Yes” or “No” to the question at the end.

    PLUS graphic 6

 

  1. Indicate IF you authorize UGA Student Account Services to use the PLUS Loan funds to pay other educationally related charges on your student’s account:

    PLUS graphic 7

  2. Indicate IF you wish UGA Student Account Services to disburse directly to you or directly to your student any PLUS Loan funds that may remain after your student’s charges for the semester have been paid. Note that if you wish any remaining loan funds to be delivered via direct deposit to a bank account, you must select “The Student”.

    PLUS graphic 8
  1. Select the University of Georgia using the search or filters provided:

    PLUS graphic 9

  2. Indicate the Parent PLUS amount you wish to borrow for the Award Year:

    PLUS graphic 10

Note that the UGA Office of Student Financial Aid (OSFA) will contact the parent to confirm the PLUS Loan amount if the parent selects the third option “I don’t know the amount I want to borrow…”

  1. You must specify the Loan Period for which you are requesting the Parent PLUS Loan. For the 2018-19 Award Year your options are:

Loan Period Requested

Requested Loan Period Start Date

Requested Loan Period End Date

Fall 2018 & Spring 2019

August 2018

May 2019

Fall 2018 only

August 2018

December 2018

Spring 2019 only

January 2019

May 2019

Summer 2019 only

May 2019

August 2019

 

The following is an example of a Parent PLUS Loan request for the Fall 2017 & Spring 2018 loan period.  Once you have entered the Requested Loan Period Start and End Dates, click “Continue” to then enter your personal information, credit check authorization and reference information.

 

PLUS graphic 11

  1. After you have completed the Parent PLUS Loan Application, you will also need to complete a Master Promissory Note (MPN) for a Parent PLUS Loan unless you previously completed a Parent PLUS Loan MPN while the student was enrolled at UGA and the previous MPN did not require you to obtain an endorser. If you need to complete a Parent PLUS MPN, see Steps to Complete a Direct Loan Master Promissory Note (MPN) on StudentLoans.gov.

 

  1. PLUS Counseling is only required when the borrowing parent has an adverse credit history, but qualifies for the PLUS Loan by documenting extenuating circumstances or obtaining an endorser. The U.S. Department of Education will inform the parent if he or she must complete this counseling as part of the application process.