Graduate PLUS Loan
E576952
The Graduate PLUS Loan is a federal student loan that allows graduate and professional students to borrow funds to cover education costs not met by other financial aid, typically requiring a credit check and offering flexible repayment options.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| Direct PLUS Loans for graduate or professional students | 1 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
Direct PLUS Loan
ⓘ
federal student loan ⓘ |
| administeredBy | U.S. Department of Education NERFINISHED ⓘ |
| applicationMethod | online application at StudentAid.gov ⓘ |
| availableTo | students attending eligible institutions ⓘ |
| borrowerMustBe |
U.S. citizen or eligible noncitizen
ⓘ
enrolled at least half-time ⓘ enrolled in eligible graduate or professional program ⓘ |
| canBe | consolidated into Direct Consolidation Loan NERFINISHED ⓘ |
| canCover |
cost of attendance
ⓘ
education costs not met by other financial aid ⓘ |
| capitalizationPolicy | unpaid interest may be capitalized ⓘ |
| creditHistoryRequirement | no adverse credit history ⓘ |
| defermentOption |
economic hardship deferment if eligible
ⓘ
in-school deferment while enrolled at least half-time ⓘ |
| disbursementFrequency | at least once per academic term when possible ⓘ |
| eligibleBorrowerType |
graduate student
ⓘ
professional student ⓘ |
| eligibleFor |
Public Service Loan Forgiveness (PSLF)
NERFINISHED
ⓘ
Teacher Loan Forgiveness when consolidated if requirements met ⓘ |
| forbearanceOption |
general forbearance
ⓘ
mandatory forbearance in certain situations ⓘ |
| fundsDisbursedThrough | school financial aid office ⓘ |
| fundsUseRequirement | must be used for educational expenses ⓘ |
| governedBy | Title IV of the Higher Education Act of 1965 NERFINISHED ⓘ |
| gracePeriodPolicy | no automatic grace period after enrollment ends ⓘ |
| hasLoanLimitType | no aggregate limit up to cost of attendance minus other aid ⓘ |
| interestAccrues |
during deferment
ⓘ
during forbearance ⓘ during grace periods ⓘ while in school ⓘ |
| interestRateType | fixed interest rate ⓘ |
| mayRequire |
appeal of adverse credit decision
ⓘ
endorser if adverse credit history ⓘ entrance counseling for first-time borrowers ⓘ |
| partOf | William D. Ford Federal Direct Loan Program NERFINISHED ⓘ |
| repaymentFeature | flexible repayment options ⓘ |
| repaymentPlanEligibility |
Extended Repayment Plan
ⓘ
Graduated Repayment Plan ⓘ Income-Based Repayment Plan NERFINISHED ⓘ Income-Contingent Repayment Plan NERFINISHED ⓘ Pay As You Earn Repayment Plan NERFINISHED ⓘ Revised Pay As You Earn Repayment Plan NERFINISHED ⓘ Saving on a Valuable Education (SAVE) Plan NERFINISHED ⓘ Standard Repayment Plan ⓘ |
| requires |
Master Promissory Note
ⓘ
credit check ⓘ |
| subsidyType | unsubsidized ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Direct PLUS Loans for graduate or professional students