Direct GRAD Plus Loan

• Go to https://studentloans.gov and click on the big blue log-in button to sign in with your FSA ID (the same ID you used to sign your FAFSA).
• Click on “Apply for a Direct PLUS Loan” and select the graduate application (first “START” button).
• Fill out the application.
  • Add Jessup to the application – School Code 001281
  • We recommend applying for the “maximum amount” of your loan eligibility rather than entering a specific amount. You can specify an actual amount on step 3.
  • The loan period is from August to August of the following year. Example: for the 2020-2021 school year, the loan period would be 8/20-8/21.
  • Submit the application.
• You only need to continue with the following steps if you are approved and want to continue with the loan.

• Complete the Loan Agreement (MPN) for the Grad PLUS loan on the same website listed in step 1.
  • You do not need to renew this agreement every year unless you are obtaining a PLUS loan through an endorser.

• Go to the Financial Aid Forms and Resources Page
  • Scroll down to “Loan Forms & Resources.”
  • Select the “Direct Grad Plus Loan Request Form Generator”.
• Enter your information and then click the button at the bottom to generate your PLUS Loan Request Form.
• PRINT and physically sign the request form; then fax, mail, or scan and upload it to Financial Aid.

Note: The Direct PLUS Loan has a federal origination fee that is taken from the loan automatically. The NET amount is applied to the billing account. The GROSS amount is what must be repaid with interest.