While you can apply for the Direct Graduate PLUS Loan within six months of the start of your program, we recommend you wait until you are admitted and have received your award letter for the Direct Unsubsidized Loan.
Prior to borrowing through the Federal Direct Graduate PLUS Loan program, you may need to review credit reports for potential issues.
The Direct Graduate PLUS Loan credit decision expires within 180 days from applying.
Once you have made the decision to apply for the Direct Graduate PLUS Loan, visit the Federal Student Aid website to to complete the Direct PLUS Loan Request.
If approved for the Direct Graduate PLUS Loan, complete a separate loan agreement master promissory note (MPN) for this loan.
If declined for the Direct Graduate PLUS Loan, you can reapply with a co-signer (endorser) or appeal the denial through the Department of Education.
If you wish to receive the Federal Direct Unsubsidized Loan and the Federal Direct Graduate PLUS Loan, complete entrance counseling and electronically sign the MPN on the Federal Student Aid website.
Both the entrance counseling and MPN must be completed in order for funds to be disbursed to your student account.
If you have previously borrowed federal student loans, be sure to update your lender(s) with contact information and enrollment status for loan deferment purposes. Loan servicer contact information can be found on the National Student Loan Data System.
View your Financial Aid To-Do List in Esther, which contains the required forms and documents needed to apply for aid. To sign in to Esther, use your Rice Student ID and PIN.