Federal Direct Parent PLUS Loan Instructions

Federal Direct Parent PLUS Loan Instructions

Parent PLUS Loan Application

Parents who wish to apply for a Federal Direct Parent Plus Loan must submit an online application each academic year they plan to borrow a loan.  After submitting the application, a check credit will be performed and typically a credit decision is given right away.

  • To apply, the parent applicant should log in to the Federal Student Aid website with their FSA ID and password (do not use the student's information to log in)
  • Click on ‘Loans and Grants’
  • Click on 'PLUS Loans: GRAD PLUS and Parent PLUS'
  • Click 'Learn More' in the 'I am a Parent of a Student' section
  • Follow the prompts to complete the Parent Loan credit application

Next Steps for Approved Credit Applications:

First-time Parent PLUS Loan borrowers must complete a Master Promissory Note (MPN) once at the Federal Student Aid website

  • After logging in, click on 'Grants and Loans'
  • Click 'Master Promissory Note (MPN)'
  • Scroll to the 'I'm a Parent of an Undergraduate Student' and follow the prompts to begin
  • Have the names, addresses and telephone numbers for two references available

Next Steps for Denied Credit Applications:

Option #1: Request an additional Unsubsidized Student Loan

If a parent is unable to obtain a Parent PLUS Loan and does not wish to pursue approval, the student may have the option to borrow up to an additional $4,000 a year in the unsubsidized loan.  In some cases, students in a bachelor's program with at least 60 earned credits may have the option to borrow up to $5,000 a year in an additional unsubsidized loan. Students should email sfs@delhi.edu from their SUNY Delhi email account if they wish to pursue this option . 


Option #2: Re-apply with an Endorser (co-signer)

An endorser is someone who agrees to repay the loan if the borrower becomes delinquent or defaults on the loan.

  • The endorser will need to log in to the Federal Student Aid website with their FSA ID or create an account
  • Click 'Loans and Grants'
  • Click 'Endorse a PLUS Loan'
  • The endorser will need the 'Endorser Code' or 'Award Identification Number' from the parent borrower to begin the process of the Endorser Addendum
  • If the endorser is approved, the parent borrower will need to submit a new Master Promissory Note (MPN) and complete a PLUS counseling session


Option #3: Appeal the Credit Decision

This option allows the parent applicant to document extenuating circumstance to the satisfaction of the U.S. Department of Education through the Federal Student Aid website

  • Click 'Loans and Grants'
  • Click 'Appeal a Credit Decision' and follow the prompts
  • If the credit decision is overturned (approved), the parent borrower will be required to complete a PLUS Counseling session

For more information about loans, visit our Loans web page.