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Direct PLUS Loan Instructions

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.

3-Step Instructions

Step 1

  • Go to https://studentaid.gov/ and click on the big blue log-in button to sign in with your parent FSA ID (the same ID you used to sign your student’s FAFSA).
  • Click on “Apply for Aid.” If you are a parent, select the option “Apply for a Parent PLUS Loan.” If you are a graduate student, select the option “Apply for a Grad PLUS Loan.“
  • 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 August – May
    • Submit the application.
    • You only need to continue with the following steps if you are approved and want to continue with the loan.

Step 2

  • Complete the Loan Agreement (MPN) for the Parent 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.

Step 3

  • Scroll down to “Loan Forms & Resources”.
  • Select the “Direct Parent Plus Loan Request Form Generator”.
  • Enter your information and then click the button at the bottom to generate your PLUS Loan Request Form.
    • Enter the gross amount; the net amount will populate automatically. The net amount will be added to the account. The gross amount is what must be repaid with interest.Go to the Financial Aid Forms and Resources Page.

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.

Financial Aid for You

Financial Aid Resources

Take the Next Step!

Don't wait! Financial aid can be limited. Priority is given to early applicants. Start a conversation with Jessup about who you are, what you want to achieve and how Jessup may be the right fit for your future (and your wallet).

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