Tepper School of Business
Graduate Plus Loan
Grad PLUS loans are federally sponsored loans for independent students attending graduate school. With a Graduate PLUS loan, you may borrow up to the full cost of your education, less other financial aid received.Please refer to the 2008-09 suggested lenders list.
- You may be eligible for a Graduate PLUS loan if you are enrolled in school at least half time.
- A credit check is required (The criteria is a bit more relaxed than that of a private loan).
- You must be a U.S. citizen or national, a U.S. permanent resident, or an eligible non-citizen.
- You must submit a FAFSA.
- You must complete entrance and exit counseling.
Features
- Flexible repayment options are available.
- Fixed interest rate.
- No payments while you are in school at least half time.
- There is no prepayment penalty.
- Easy online application and approval process with an instant credit decision.
- Interest may be tax deductible.
- Repayment of principal and interest begins 60 days after graduation.
You can align repayment of your Graduate PLUS loans with your Stafford loans.
