Student Financial Services

PLUS Loan Information

STUDENTS MUST BE ENROLLED IN AT LEAST HALF TIME TO BE ELIGIBLE TO RECEIVE FEDERAL STUDENT LOANS.

PLUS Loans are loans that parents may be eligible for and can be used to cover a student's education expenses. A parent does have to complete an application and pass a credit check to receive this loan.  Students may receive an additional Federal Direct Unsubsidized Loan if their parent does not qualify for a PLUS loan.

To receive a PLUS Loan, your dependent student:

  • Must have a completed FAFSA on file at UNA

  • Must be enrolled at least half-time

  • Must be maintaining Satisfactory Academic Progress

  • Must meet all other requirements of Title IV aid, as determined by the US Department of Education.

The maximum amount that the parent may borrow under the Federal PLUS Program is the cost of attendance minus any other aid (scholarships, grants, loans, waivers, etc.) received by the student.

View the US Department of Education's brochure on PLUS Loans.

                         

To apply for Federal Direct Parent Loan for Undergraduate Students (PLUS)

STEP 1: Carefully Read the Instructions for Completing the Parent PLUS Application

STEP 2: Complete the steps outlined in the instructions at www.studentloans.gov.


Make sure that your student checks financial aid requirements in their UNA Portal by selecting, Self-Service, then Financial Aid. Click on Eligibility and then Student Requirements. Outstanding requirements may prevent the timely disbursement of your financial aid.