Direct PLUS Loans - Parents: How much can I borrow using a Federal Direct 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. UMUC will determine the final amount of eligibility before processing.

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 on Federal Direct Parent PLUS Loans for Undergraduate Students.