Grad PLUS Loan Term Period
There are four loan term periods:
- Fall/spring
- Fall only
- Spring only
- Summer only
If you plan to attend both fall and spring semesters, we recommend applying for the fall/spring loan period.
If you choose a fall/spring loan period, the amount of the loan will be split equally between the two semesters; so the disbursement of a $10,000 fall/spring loan would be $5,000 for the fall semester and $5,000 for the spring semester.