Direct PLUS Loans - Graduate: If My Credit History is Adverse Can I Receive Additional Direct Unsubsidized Loan funds?

Question: With regards to a Direct Grad PLUS Loan, if I have an adverse credit history, and cannot find an endorser, can I receive additional Direct Unsubsidized Loan funds?

Answer: No; if you are not eligible for a Direct Grad PLUS Loan, the regular Direct Subsidized/ Unsubsidized Loan annual loan limit for graduate and professional students applies. You may not borrow more than $18,500 (maximum $8,500 subsidized) for an academic year. It should be noted that s
ome health profession students may receive increased Direct Unsubsidized Loan amounts.

* US Department of Education information regarding PLUS Loans can be viewed by selecting the following link:
Direct PLUS Loans


Note: Loan origination fees for Federal 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%.