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Federal PLUS Loan Application Process

  1. Go to www.studentloans.gov (be sure to use the '.gov' extension and not '.com'). 
  2. Before applying for the PLUS Loan, the parent borrower must sign in (under the Manage My Direct Loan) using his or her U.S. Department of Education Personal Identification Number (PIN).
  1. When the next page opens, select Request PLUS Loan from the menu in the lefthand column (or Start PLUS Application Process in the center of the page).
  2. Select Parent PLUS for loan type and follow the steps to complete the application and credit check. In the School Name section, be sure to select INDIANA for the School State and DEPAUW UNIVERSITY for the School Name.  Also make certain to request a loan amount that you would like to receive. Our office will process the amount that you request as long as it does not exceed the student's eligibility (cost of attendance minus all other financial aid received).  Be certain to account for a 4.204% loan fee when making your request.
  3. The results of your credit check will be available immediately. If your credit is approved, you will be given instructions for completing a PLUS Loan Master Promissory Note, if you have not already completed one. If your credit is not approved, you will have the option to (1) not pursue the loan, (2) obtain an endorser, or (3) appeal the credit decision.

Note: 

  • We will assume that you are requesting the loan for the Fall and Spring semesters. If you would like the loan for only one semester, please let us know as soon as possible.

APPLY NOW!