The graduate PLUS loan program is for students in master's or doctoral degree programs.
Basics
Interest: The interest rate changes every year. For the current rate please go . This loan is not subsidized by the federal government. Interest is capitalized and accrues while in school.
Repayment: Begins within 60 days of the final disbursement; there is not a grace period.
Eligibility Requirements
- Students must be in a master's or doctoral degree program.
- Students must be enrolled at least half time.
- Students must be achieving satisfactory academic progress as established by the Northridge Financial Aid & Scholarship Department.
- Students may borrow up to the full cost of your education as determined by the Northridge Financial Aid & Scholarship Department.
Application Process
- A must be on file. Apply for other types of aid first; students must apply for the maximum amount in the Stafford loan programs before applying for a PLUS loan.
- Submit the PLUS loan request form under for the current academic year to the Financial Aid & Scholarship Department. Do not use the "Request PLUS Loan" link found at studentaid.gov; Northridge does not accept PLUS applications submitted via studentaid.gov.
- Complete the electronic .
- Complete . Make sure you select the "Entrance Counseling" link.
- The PLUS loan award is subject to a credit decision from the Department of Education. If a PLUS loan is added to a student's award package, it does not guarantee loan approval.
