Direct Loans Parent Plus Login

As a parent borrower, the Direct PLUS Loan Application also allows you to: Designate whether the school pays any credit balance to the student or to you. Request a deferment while the student is in school; Request an additional deferment for 6 months after the student ceases to …

The U.S. Department of Education makes Direct PLUS Loans to eligible parents and graduate or professional students through schools participating in the Direct Loan Program. Note: A Direct PLUS Loan is commonly referred to as a parent PLUS loan when made to a parent, and as a grad PLUS loan when made to a graduate or professional student. [highlight] Begin your Direct PLUS Loans …

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An endorser is someone who agrees to repay the Direct PLUS Loan if the borrower becomes delinquent in making payments or defaults on the loan. The endorser may not be the student on whose behalf a parent obtains a Direct PLUS Loan. BEFORE YOU CONTINUE: If you have placed a security freeze on your credit file, you must lift or remove the freeze ...

The Parent PLUS Loan, a Federal Direct PLUS Loan, is an option for parents of undergraduate students to help pay for educational expenses. A parent who qualifies may receive a Parent PLUS Loan for the education costs of a dependent undergraduate student who meets the eligible student definition.You can find additional Parent PLUS Loan information at studentaid.gov.

Direct Parent PLUS Loans (credit approval required) A Parent PLUS Loan is an education loan specifically for parents (biological or adoptive) of dependent undergraduate students only. Parents can borrow up to the cost of attendance minus any other financial aid the student is receiving.

What are Federal Parent PLUS? Federal Parent PLUS Loans are loans taken out by parents of dependent undergraduate students, enrolled at least half-time, to help pay for their child’s college expenses. Parents are responsible for repaying Parent PLUS loans. (PLUS loans taken out by graduate students are called GradPLUS loans, but this section only deals with Parent PLUS loans.)

The MPN is a legal document in which you promise to repay your federal student loan(s) and any accrued interest and fees. It also explains the terms and conditions of your loan(s).There are two types of MPNs: one for Direct Subsidized/Unsubsidized Loans and one for Direct PLUS Loans. Some schools refer to Direct Subsidized/Unsubsidized Loans as Stafford loans.

Great Lakes Educational Loan Services, Inc. 2401 International Lane Madison, WI 53704 (800) 236-4300