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Loans Tutorials

How to Apply for the Parent PLUS Loan

The Parent PLUS Loan is a federal student loan available to the parents of dependent undergraduate students. The Parent PLUS Loan offers a fixed 7.6% interest rate for the 2018-2019 school year and flexible loan limits. To be eligible, a parent can't have an adverse credit history.

How to Complete a Loan Agreement (MPN)

You are required to sign a Master Promissory Note (MPN) before you can receive Direct Loan funds.

How to Complete Loan Counseling

Loan counseling is a required online tool to help you understand your rights and responsibilities as a Direct Loan borrower. You must complete this requirement before you can receive your Direct Loan.

How to Create a Student Budget for the Parent PLUS and Private Alternative Loans

Need to borrow a loan to cover your remaining costs? Check out our resources on how to create a budget.

Penn State Federal School Code

003329

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