Rapid eligibility and determination including pre-approval in minutes
Borrow up to the total cost of attendance minus other aid received
Eligibility is based upon borrowers having good credit or no credit
Income and FICO scores are not a consideration.

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U.S. citizens or permanent residents can apply. It is for graduate students enrolled at least half-time. Available regardless of income or assets. Your credit will be checked. Graduate students do NOT have to demonstrate financial need. You can take up to 10 years to repay your loan(s).

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GradPLUS borrowers may defer payments on their loans as long as they retain at least half time in school status, or qualify for another deferment option.

Standard Payment Plan
You pay the same amount each month for up to 10 years towards the principal and interest of the loan. The minimum payment amount is at least $50 per month.

Graduated Payment Plan
You begin repaying your loan with a lower payment and increase that amount after two to four years. The minimum payment amount is at least $50 per month.

Income-Sensitive Payment Plan
You may repay your loan based on your gross monthly income. You must show income documentation annually and additional documentation may be required.

Extended Payment Plan
You may take up to 25 years to repay your loan if your combined loans totals $30,000 or more.

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Following graduation or dropping below half-time in school status, borrowers may qualify for forbearance. You must reapply every 12 months and your accrued interest will be capitalized at the end of each forbearance period.

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