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Loans

federal direct parent plus loan

 

The Federal Direct Parent PLUS Loan is a low-interest loan that allows a parent of a dependent student to assist in paying for the student's college education. Since a Federal Direct Parent PLUS Loan is a non-need loan, it represents a viable borrowing option for the parent, regardless of the student's federally determined financial need.

Since the borrower of a Federal Direct Parent PLUS Loan is the parent of the student, the parent-borrower must successfully complete the application process before K-State may disburse a Parent PLUS Loan to the student.

Find more information about the Federal Direct Parent PLUS Loan.

If your parent wishes to borrow a Parent PLUS Direct Loan for the summer term, your parent needs to complete this Summer 2008 Parent PLUS Direct Loan application.

If your parent wishes to borrow a Parent PLUS Direct Loan for the fall and spring terms, your parent needs to complete this 2008-2009 Parent PLUS Direct Loan application.

Federal Direct Parent PLUS Loan Eligibility

  • The parent-borrower must be the student's biological, adoptive, or step-parent (step-parent must be listed on the student's Free Application for Federal Student Aid (FAFSA)).
  • To determine Federal Parent PLUS Loan eligibility, K-State requires that the student and his or her family submit a FAFSA.
  • The parent-borrower of a Federal Direct Parent PLUS Loan must pass a credit check as part of the application process.