Federal Loan Programs Naugatuck CT
New Haven, CT
Federal Loan Programs
An Overview of Graduate PLUS Loans
The PLUS loan program used to be just for parents, when the PLUS loan program wasopened up to graduate and professional students. Just to beclear, the PLUS loan program is open to parents of undergraduatesand to graduate / professional students, not directly to
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| Loan is for: |
Undergraduate Study Graduate Study
| Year in School: |
Freshman Sophomore Junior Senior
| Field of Study: |
Dentistry Health Law MBA Medicine Nursing Veterinary Medicine Other
FFELP vs. Direct
Graduate PLUS loans can be administered either through theFFELP or Direct Loans programs. The graduate or professionalschool makes the determination which program it wants tooffer its students.
Under the FFELP program, you will get your PLUS loan from alender (like Discover Financial Services, Sallie Mae, or CitiBank).In this situation, you are responsible for deciding which lenderis right for you. Your school will often present you with aLender List, proving you with a number of lender options. Youcan choose from this list or do your own research and find a lender that may not be on the list.