Video: How Much of the Parent PLUS Loan Should I Borrow?
COMING SOON: The PLUS loan application process will change beginning with the fall 2016 semester. Parent PLUS loan borrowers will use Studentloans.gov to apply for the PLUS loan, instead of eLion. We will provide application instructions when the applying process begins for the 2016-17 academic year.
Beginning Oct. 1, 2015, the loan origination fee will decrease to 4.272 percent, which changes the number to divide by (as referenced in the above video) to .95728. These changes are reflected in the worksheet but not in the video or transcript.
This video is hosted on YouTube and accessible to mobile devices and screen readers.