Federal Direct 研究生 PLUS Loan

研究生 students are eligible to borrow under the PLUS Loan Program up to their cost of attendance minus other estimated financial assistance in the Direct Loan Program. 研究生 PLUS applications are available at Student援助.政府!

资格

学生必须:

• Have a valid Free Application for Federal Student 援助 (FAFSA)存档;
• Be fully admitted as a degree-seeking student at ISU;
• 就读于 至少半场 when the loan is expected to be disbursed;
• Maintain Satisfactory Academic Progress (SAP)标准;
• 做一个U.S. 公民或 符合条件的非公民 (as defined by federal financial aid regulations);
• Not be in default on an educational loan or owe an overpayment on a federal education grant, 或者其他联邦债务, or has made satisfactory arrangements to repay that debt;
• Be a creditworthy graduate student;
• 应用 for annual loan maximum eligibility under the Federal Unsubsidized Stafford Loan Program before applying for a Federal Direct 研究生 PLUS loan;
• 信誉:
  • Regulations provide that a PLUS loan applicant has an adverse credit history if:
    • The applicant has a history of bankruptcy, foreclosure, tax lien, or a default determination; 和
    • the applicant has one or more debts that are 90 or more days delinquent or that are in collection or have been charged off during the two years preceding the date of the applicant’s credit report, but only if the total combined outst和ing balance of those debts is greater than $2,085.
    • 因此, absent any other adverse credit history finding a PLUS Loan applicant whose credit check shows that the total of any debts that are 90 or more days delinquent or that have been placed in collection or charged off is $2,085 or less will not be considered to have adverse credit 和 therefore, will be eligible for a PLUS Loan.

如何申请

• File the Free Application for Federal Student 援助 (FAFSA).
• The electronic application is available at Student援助.政府.
  为了获得最佳体验, users should visit this site in Chrome or Firefox web browsers, Internet 探索r is not supported.
  • Borrowers will need to have their own FSA ID.
  • 学生登录 Student援助.政府
  • From the Account Dashboard select 申请资助,然后 申请毕业生PLUS贷款
  • To begin the applications, click Start
  • A Credit Check will be initiated at the end of the applications with immediate results. Credit Checks expire after 180 days.
• The loan will be submitted to the National Student Loan Data System (NSLDS), 和 will be accessible by guaranty agencies, 银行, 和 schools determined to be authorized users of the data system.
• First-time borrowers must complete the 主本票 和 入学咨询 毕业生PLUS贷款.
• 完成 Annual Student Loan Acknowledgment 每年(可选)
• The student will receive notification directly from the U.S 部门 of Education on approval/denial.

量

A student may borrow up to the cost of attendance minus any financial aid offered for the school year.

利率及费用

The interest rate is fixed 和 capitalizes annually. 贷款 are subject to an origination fee upon disbursement. Current rates 和 fees are published quarterly here: http://studentaid.ed.Administration/sa/types/loans/interest-rates.

Payment may be deferred if the student is 进入下半场. 联系 联邦学生贷款 请求延期.

资金的发放

• Loan funds are applied to student accounts approximately ten days before the start of the semester.
• Half of the amount applied for is disbursed at the start of the fall semester 和 the other half at the start of the spring semester.
• Funds will first cover direct educational expenses on the student's account.
• Any excess funds are refunded to the student via ACH direct deposit or sent to the student's permanent address.
• Borrowers have the right to cancel all or a portion of the loan with no penalty by submitting a loan cancelation form within 14 days of disbursement. 访问 http://59xnlwe4.improvementsandmore.com/financial-aid/loan-adjustment-request-form 对于表格.

还款

To find out more about repayment options before receiving a Direct Loan, borrowers may contact the Federal Student 援助 Information Center at 1-800-4-FED-AID (1-800-433-3243).

此外, 去偿还.

Tutorial: 应用ing for PLUS 贷款

• 去 Student援助.政府. 为了获得最佳体验, users should visit this site in Chrome or Firefox web browsers, Internet 探索r is not supported
• 使用您的FSA ID登录.
• On the Account Dashboard, select 应用 for 援助 - then 应用 for Grad PLUS Loan
• 选择“开始”
• 完成申请
• Credit decision will be made at the end of the application.