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. The University of Maryland University College 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.