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You are here: Home / Types of Aid / Loans / Federal Direct Graduate PLUS Loan / How to Apply

How to Apply

  1. Complete the Free Application for Federal Student Aid (FAFSA) if you haven't already.
  2. Pick the loan period and calculate how much you want to borrow. The total amount you can borrow is equal to your Cost of Attendance minus other Estimated Aid (these figures are listed on your Award Summary in LionPATH).
  3. Calculate the loan fee. Divide the total loan amount you want to borrow by 0.95736. For example, to receive a net amount of $10,000, request a gross amount of $10,445 ($10,000/0.95736 = $10,445)
  4. Complete and submit your PLUS Request Form on Studentloans.gov.

 

Penn State Federal School Code

003329

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