Federal Direct Parent PLUS Loans
The PLUS Process at USF
- Make sure you have completed a Free Application for Federal Student Aid (FAFSA) with
USF's school code #001537. Although the PLUS loan is not need based, a FAFSA is required
to have a Federal PLUS loan processed at USF. Please note that a new FAFSA is required
each academic year.
- The parent should complete a Direct PLUS loan application.
- If approved, the parent must complete a PLUS Master Promissory Note (MPN)
- If denied, the parent may pursue an endorser. If the loan becomes approved by obtaining an endorser or satisfactorily meeting the extenuating circumstance provision; the parent must complete PLUS Loan Counseling as a requirement for the loan to be processed.
Once the application and any additional requirements are complete, the school will determine final eligibility.