Parent PLUS Loans: How Much Can I Borrow Using a Parent PLUS loan?

Question: How much can I borrow using a Federal Direct Parent PLUS loan?

Answer: The yearly limit on a PLUS Loan is equal to your cost of attendance minus any other financial aid you receive. The University of Maryland University College will determine the final amount of eligibility before processing.

Note: Origination fees for Direct Loans will increase for the 2013 - 2014 academic year. Direct PLUS Loans (Parents and Graduates) disbursed on or after December 1, 2013 will have an origination fee of 4.228%.

Additional information can be found at: Federal Direct Parent PLUS Loans for Undergraduate Students