What is a Grad PLUS Loan?
Available to graduate and professional students for loans certified after July 1, 2006, the PLUS Loan for Graduate and Professional Students is a smart educational financing solution. You may qualify for a Grad PLUS Loan even if your financial assets limit your eligibility for other loans. And, you can borrow if you are a student who is enrolled at least half time as a graduate or professional student at an eligible institution. Funded by private lenders, guaranteed by the Federal government, and administered by the college or university, the Grad PLUS Loan is one of the most competitive student loan products currently offered to finance a graduate or professional education.
