Applicants are required to complete the Free Application for Federal Student Aid (FAFSA) and are given an opportunity to request the maximum eligibility under the Direct Unsubsidized Loan Program before applying for a graduate Direct PLUS loan.
Students who receive a graduate PLUS loan are subject to the terms and conditions, along with the borrower’s rights and responsibilities disclosed on the Federal Direct PLUS Loan Master Promissory Note (MPN).
For eligibility and application information for a Federal Direct PLUS loan for a graduate student, please visit payday loans in South Carolina state the federal StudentAid PLUS Loan information page.
If you are a dependent undergraduate student, your parents may apply for a parent PLUS loan to assist with your educational expenses. The application process includes completion and submission of a PLUS Loan application by your parents and completion and submission of the Free Application for Federal Student Aid (FAFSA) by the family. The application process is completed through the Federal Direct Loan Program. This loan is based on credit worthiness as determined by the U.S. Department of Education.
The graduate PLUS loan will be placed into deferment while a graduate student is enrolled and for an additional six months after the date the student ceases to be enrolled on at least half-time basis
The yearly limit is equal to the cost of attendance (COA) minus any other financial aid received. Interest will accrue on the loan during the deferment. Generally, the same deferment or forbearance provisions that apply to Subsidized/Unsubsidized loans also apply to PLUS loans.
Parents of dependent students who receive a parent PLUS loan are subject to the terms and conditions, along with the borrower’s rights and responsibilities disclosed on the Federal Direct PLUS Loan Master Promissory Note (MPN).
For eligibility and application information for a Federal Direct PLUS loan for a parent of a dependent student, please visit the federal StudentAid PLUS Loan information page.
The Pell Grant does not have to be repaid and may be awarded to students who have not yet earned a bachelor’s degree. It is available to those with the greatest need, which is calculated based upon income, number of dependents, and other factors reported on the FAFSA. Students may receive the Federal Pell Grant for no more than 12 terms (roughly six years). Click here for more detailed information on eligibility for Federal Pell Grants.
Beginning with the 2018-2019 award year, a Pell-eligible student whose parent or guardian died in the line of duty while performing as a public safety officer is eligible to receive a maximum Pell Grant. Please contact Student Services at 877-435-7948 or for additional information.
IASG does not have to be repaid and may be awarded to students who were either less than 24 years old or enrolled in college (at least part-time) when a parent or guardian died as a result of U.S. military service in Iraq or Afghanistan after . In addition, students must not be eligible for a Federal Pell Grant on the basis of their Expected Family Contribution (EFC) but meet the remaining Pell eligibility requirements. The grant award is equal to the amount of a maximum Federal Pell Grant for the award year but cannot exceed your cost of attendance for that award year. Click here for more detailed information on eligibility for IASG.
Interest is charged on the loan from the date first disbursement is made until the loan is paid in full
The Federal Supplemental Educational Opportunity Grant (FSEOG) does not have to be repaid and may be awarded to students who have not yet earned a bachelor’s degree. This grant is available for undergraduates with exceptional financial need. Limited funding has been given to WGU for this program; therefore, not all eligible students will receive this grant. Here’s more detailed information on eligibility.
