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Federal Graduate PLUS Loan

What is a Federal Graduate PLUS Loan?

Federal Graduate PLUS Loan eligibility

Disbursement of a Federal Graduate PLUS Loan

Exit Interview


What is a Federal Graduate PLUS Loan?

The Federal Direct Graduate PLUS Loan is an additional option for graduate students to borrow directly from the U.S. Department of Education to help meet their educational cost of attendance. The Program is administered by the Office of Financial Aid and Scholarships at MSU Denver, which works with the U.S. Department of Education to offer this loan. This loan is only available to U.S. Citizens and permanent residents.

Federal Graduate PLUS Loan Eligibility

  • Complete the FAFSA
  • You must be a graduate student and be meeting our Graduate Satisfactory Academic Progress Policy requirements.
  • This loan requires a credit check. You cannot have adverse credit history
  • Must be enrolled at least half-time
  • Interest accrues while you are in school or in deferment
  • Repayment begins 6 months after you graduate, withdraw or drop below half-time
  • There is no annual loan limit, but your loan amount will be no greater than your cost of attendance minus all other aid.
  • Apply for a Graduate PLUS Loan at



Exit Interviews
When you graduate or withdraw from MSU Denver, you are recommended to complete online Exit Counseling at Direct Loans Exit Counseling. This will help you to review your borrower rights and responsibilities. These are the same borrower rights and responsibilities that you signed on your Master Promissory Note (MPN).

Disbursement of a Federal Graduate PLUS Loan

Or office will send you a Student Loan Recommendation that will detail the amount, loan type, lender, and estimated dates of disbursement of funds. To receive your loan funds, your financial aid file must be complete, including the completion of your Entrance Interview and Master Promissory Note, before the school can receive or release any funds. You will also receive a guarantee notice from Direct Loan Servicing via mail. Please keep these documents for your records. Check with the Office of Financial Aid and Scholarships if your funds have not been applied to your account.

Remember - Even if your loan funds are guaranteed, they will not arrive at MSU Denver until you meet all loan eligibility requirements such as having a complete file (including Entrance and Satisfactory Academic Progress requirements) and having a minimum of 5 credit hours of enrollment for the loan period for which you are expecting funds. We cannot consider hours for which you are wait listed.

If your loan is submitted late in the semester and your funds are not received by the last day of the semester, we will be required to follow Late Disbursement regulations.

Any Federal Direct Stafford or PLUS Loan funds received after the last day of the semester follow Prior Term Disbursement Regulations. Grades must post to your account to help determine your eligibility for your loan funds. You must have completed 5 credit hours with grades of C or better, have completed all the requirements requested of the file, and must be making Satisfactory Academic Progress with the Office of Financial Aid. Students who complete a late Master Promissory Note fall under these regulations.




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