Federal Direct Parent Plus Loan
Office of Financial Aid
- Parents of dependent students and graduates may apply for the Parent Plus / Grad Plus Loan
- Repayment and interest begin when the loan is fully disbursed
- Interest rate is fixed at 7%
- Credit approval of borrower is required
- 4.264% origination fee
Complete the application and Master Promissory Note (MPN). No funds will be disbursed until the MPN has been completed.
In the instance of a loan denial, parents may appeal the denial or the student may borrow additional unsubsidized loans. The denial letter may be faxed or emailed to the financial aid office at 419-783-2579 or firstname.lastname@example.org. Once the denial is received, the additional Unsubsidized Stafford Loan will be processed for the student.