Direct PLUS Loans - Parents: Must an Undergraduate Student's Parents Complete Entrance Counseling for the Parent PLUS loan?

Question: Must an undergraduate student's parents complete Entrance Counseling for the Parent PLUS loan?

Answer: Parent PLUS Loan borrowers do not have to complete entrance counseling.

Note: Loan origination fees for Direct Loans will increase for the 2014 - 2015 academic year. Direct PLUS Loans (Parents and Graduates) disbursed on or after October 1, 2014 will have a loan origination fee of 4.292%.

Click here for additional information regarding the Federal Direct Parent PLUS Loan for Undergraduate Students.