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PLUS Loan Eligibility
- To be eligible for a PLUS loan, a parent borrower must be applying for the loan to pay the postsecondary education costs for an eligible dependent undergraduate student who is enrolled or accepted for enrollment at least half time at a participating school.
- A parent borrower is not eligible for a plus loan if he or she is determined
by a lender to have adverse credit history according to criteria in federal
regulations. Note: If you would like your credit reviewed prior to completing the PLUS application
forms, you may complete the Request for Credit Pre-Approval for Federal PLUS Loan form online. After completion, please print, sign and mail the form to SLND at the address provided on the form. (This form requires Adobe Acrobat Reader to view and print. If you do not have Adobe Acrobat Reader installed or experience problems in downloading the form, please visit the PDF Help Page.)
PLUS Pro Loan Eligibility
- To be eligible for a PLUS Pro loan, a graduate or professional student
borrower must be applying for the loan to pay the postsecondary education
costs while enrolled or accepted for enrollment at least half-time at a
participating school.
- A graduate or professional student borrower must be creditworthy to be
eligible for a PLUS Pro loan according to criteria in federal regulations.
(An endorser may be obtained if the borrower is not creditworthy.) Note: If you would like your credit reviewed prior to completing the PLUS application
forms, you may complete the Request for Credit Pre-Approval for Federal PLUS Pro Loan form online. After completion, please print, sign and mail the form to SLND at the address provided on the form. (This form requires Adobe Acrobat Reader to view and print. If you do not have Adobe Acrobat Reader installed or experience problems in downloading the form, please visit the PDF Help Page.)
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