What's Next?

After the maximum in Stafford loans are awarded, graduate students have access to the Graduate PLUS loan for amounts up to the cost of education minus other financial aid.

  • This loan requires a credit evaluation that is less stringent than a private loan.
  • Students in an in-school status at least half-time will automatically receive an in-school deferment.
  • There is a 4.272% origination fee.
  • Interest is fixed. The current interest rate is 6.31%.
  • Payments begin 30-60 days after enrollment ceases.