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Federal Parent PLUS Loan for Undergraduate

FALL/SPRING 2026-2027

  1. Must choose the 2026-2027 award year
  2. Loan period  Fall/Spring August 2026-May 2027 (recommended) 

The Direct PLUS Loan for Undergraduate students is available to credit-worthy parents of dependent undergraduate students. Before applying, make sure you or your child have already filled out the Free Application for Federal Student Aid (FAFSA).  For more information, visit . 


Deadline:
Federal Direct PLUS Loan applications must be certified by the Financial Aid Office by the last day of the semester or before the student is no longer enrolled.

Note: Starting July 1, 2026, new annual and aggregate loan limits apply to parent PLUS loans. Your borrowing limit depends on whether your child qualifies for the limited exception. If your child qualifies, you can continue borrowing up to the cost of attendance minus any other financial aid your child receives. If your child doesn’t qualify, the maximum amount that can be borrowed by all parents is up to $20,000 per academic year and up to $65,000 over the course of the child's undergraduate study. Regardless of the amount you may be eligible to borrow, your child's school might limit the amount you may borrow based on the program of study your child is enrolled in. 

Loan Reductions/Cancellations:
Parents may request the Federal Direct Parent PLUS Loan be reduced or canceled. The request must be in writing from the parent, not the student. Please include the parent borrower's name, the student's name, the student's Royal ID number, and the amount you want the loan reduced to.

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