PLUS Loan Eligibility

Federal PLUS loans for parents allow parents to borrow federally guaranteed money at low, fixed interest rates to help pay for their child’s college education.

To be eligible for a federal PLUS parent loan, the parent must be:

  • A biological, adoptive, or step-parent of a dependent undergraduate student
  • A U.S. citizen or eligible non-citizen
  • Able to meet federal minimum standards of creditworthiness

In addition, the students being covered by their parents’ PLUS loan must be:

  • U.S. citizens or eligible noncitizens
  • Less than 24 years of age as of December 31 of the academic year
  • Unmarried with no dependents

Apply for a PLUS parent loan

 

Quick Links

» Apply for a PLUS parent loan
» PLUS parent loans: Overview
» PLUS loan amounts
» PLUS loan rates, fees, and terms
» Top questions about PLUS parent loans