Federal Direct Parent PLUS Loans
Benefits of PLUS Loans
- Convenient online application with instant results (www.studentloans.gov)
- Electronic signatures for Master Promissory Notes
- Flexible repayment plans
- PLUS loans enter repayment once the loan is paid, however, parent borrowers may contact the loan servicer to request a deferment if the student is enrolled at least half-time and for an additional six months after the student ceases to be enrolled at least half-time.