Federal Graduate Plus Loan for Graduate Students

There are no fixed annual or aggregate loan limits for Federal PLUS Loans. A graduate or professional student may be awarded a Federal PLUS Loan for up to the student’s cost of attendance minus other estimated financial assistance.

Therefore, a graduate/professional student has additional Federal PLUS eligibility beyond the maximum subsidized and unsubsidized loan limits.

There are minimal credit checks and the Federal Graduate Plus Loan is a non-need based loan with an interest rate of 8.5%