How do I determine what additional amount of funds I can borrow in a Graduate PLUS or private loan?
You may borrow up to the cost of attendance minus any other aid received. If your COA equals the amount of aid on your financial aid award letter, then you cannot borrow an additional loan. If your COA is larger than the amount of aid on your financial aid award letter, then you can borrow the amount of the difference.
Related Questions
- Fall tuition is due the first week of August. How do I use private or PLUS loan funds to help pay my tuition bill if the funds are not disbursed until the week before classes begin?
- If I apply for additional funding (usually the Graduate PLUS loan) after the semester starts, when can I expect to receive it?
- How many hours must I be enrolled to be eligible to borrow a Federal Direct Graduate PLUS Loan?
