Where can my parents apply for a PLUS loan

<p>Where can they apply for a plus loan</p>

<p>Does this help?:</p>

<p>[Student</a> Aid on the Web](<a href=“http://studentaid.ed.gov/PORTALSWebApp/students/english/parentloans.jsp#1]Student”>http://studentaid.ed.gov/PORTALSWebApp/students/english/parentloans.jsp#1)</p>

<p>How does a parent get a loan?</p>

<p>For a Direct PLUS Loan, the parent must complete a Direct PLUS Loan Application and Master Promissory Note (MPN). The MPN is a legal document in which the borrower promises to repay the loan and any accrued interest and fees to the Department. It also explains the terms and conditions of the loan. In most cases, one MPN can be used for loans that a parent receives over multiple academic years although a separate Loan Request must be filed for each school year. If the parent previously signed an MPN to receive an FFEL PLUS loan, he or she will need to sign a new MPN for a Direct PLUS Loan.</p>

<p>The school’s financial aid office can provide instructions on applying for a PLUS Loan and may offer the option of completing the PLUS application and MPN online at <a href=“http://www.studentloans.gov%5B/url%5D”>www.studentloans.gov</a>.</p>

<p>Do you have an online account at whatever college you were admitted to? Normally if you go to the page that shows you your fin. aid package, it’ll have a link and instructions for your parents to apply for and accept the parent plus loan online.</p>