Federal Direct PLUS Loan Information

Federal Direct Loan for Undergraduate Students (PLUS)

Parent loans are loans taken out in the name of a parent for the benefit of an undergraduate student. Like student loans, they must be used for educationally related expenses.

How to Apply

Before you can apply for a PLUS Loan, the student must have completed the entire financial aid application process. To get started you will need to fill out the FAFSA application online at www.fafsa.ed.gov.

The parent will then access Direct Student Loans to complete:

  1. Federal Direct Parent Loan Application–The Department of Education will perform a credit check on the parent borrower. Sign in and click on the link titled "Start PLUS Application Process", then click on "PARENT PLUS" and follow instructions to fill out the application.
  2. Master Promissory Note (MPN)–if approved.
    Note–You will need your Federal Student Aid (FSA) ID to sign the MPN electronically.
  3. Student and Parent borrower complete Clark College’s Federal Direct PLUS Loan Worksheet and submit it to the Financial Aid Office at Clark College.

Once all the above steps have been completed, the Financial Aid Office will notify the parent/student of their award by email.