The Direct Parent PLUS Loan is a loan that a parent can take out in their own name to help cover a student’s balance. This is a 3-step process that typically only takes 5-15 minutes per step. Before getting started, we recommend checking out your WJU billing account on the student portal (new or returning students) or your Cost Worksheet provided by the Financial Aid Office (new students only). This is the best place to look to collect information on how much needs to be covered with a loan AND/OR paid out-of-pocket. Interest rate and fee information can be found on the financial aid website.
NOTE: If the parent is denied a PLUS loan after his/her credit is checked, the student may be made eligible for an additional $4,000-$5,000 in Federal Student Loans.