Federal Direct Parent PLUS Loan


A loan funded by the U.S. Department of Education and awarded by the UGA Office of Student Financial Aid (OSFA) which parents of dependent undergraduate students can use to help pay for their student’s education expenses.

Upon the borrowing parent’s request, the Department of Education will defer repayment of the loan principal while the student is enrolled at least half-time (6 hours), and for the first six months after the student graduates, leaves school, or enrolls in fewer than 6 hours.

The borrowing parent is responsible for paying the interest on the loan principal during all periods, including times of approved deferred principal payments; however, the parent can elect to capitalize the interest.

See Federal Direct Loan Interest Rates for PLUS Loan interest rate.

See Federal Direct Loan Origination Fees for the PLUS Loan fee.




  • Students meet all Basic Student Eligibility criteria, and
  • Cannot be in default or owe an overpayment of a Federal Student Aid loan or grant, and
  • Must be enrolled at least half-time (6 hours) to be eligible for that semester’s Parent PLUS Loan disbursement, and
  • Parent borrowers cannot have an adverse credit history.

A credit check will be performed during the application process. If the parent has an adverse credit history (PDF), the parent may still receive a parent PLUS loan through one of two options:

  1. Obtaining an endorser; an endorser is someone who does not have an adverse credit history and who agrees to repay a Direct PLUS Loan if the borrower does not repay it. The endorser cannot be the child on whose behalf the parent is borrowing.
  2. Documenting to the satisfaction of the U.S. Department of Education that there are extenuating circumstances relating to the parent’s adverse credit history. 

If denied, the parent will receive further instructions from the Department of Education regarding both options.  With either option 1 or option 2, the parent also must complete credit counseling for parent PLUS loan borrowers

If a parent is unable to obtain a parent PLUS loan, the student may be eligible for additional unsubsidized loans. The student should complete a Change in Aid Request form, answering “Yes” to the question, “In the amount(s) you requested, if you are not eligible for a Federal Direct Subsidized Loan, would you like to be considered for an Unsubsidized Loan instead?” and adding a comment in the “Other Requests or Additional Information” field that the parent was denied the PLUS loan.