Federal Direct Parent PLUS Loans

The PLUS Process at USF

1. 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.
   
   
2. 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. Plus application processing begins 45 before the start of each term.