Federal Direct Graduate PLUS Loan

The Direct Graduate PLUS Loan is available to degree-seeking students enrolled at least half-time. The Direct Graduate PLUS Loan has a fixed interest rate that is set by the U.S. Department of Education every July 1st. An origination fee will be deducted from each disbursement by the Department of Education. This loan is not based on need, although you must file the FAFSA to be considered and must first be offered your Stafford Loan eligibility. You may borrow up to the full cost of attendance (as defined by the Emory Office of Financial Aid) minus other aid. Interest will be charged from the time the loan is disbursed until it is paid in full. Repayment begins 6 months after the borrower ceases to be enrolled at least half-time, withdraws, or graduates. The Direct Graduate PLUS Loan is credit based but the required credit criteria maybe less stringent than for private education loans. See the Instructions for Applying.