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Financial Aid & Scholarships Office


Federal Parent PLUS Loan

Student Loans

The Federal Direct Parent PLUS Loan is available to parents of dependent undergraduate students who are enrolled at least half-time in an eligible degree or certificate program to pay for their educational costs.

CU Denver|Anschutz requires students to submit a FAFSA to determine their eligibility for the Direct Parent PLUS Loan and other types of financial aid.

Additional information is available on the U.S. Department of Education's Federal Direct PLUS Loan page.​

Eligibility Requirements


  • Must be enrolled at least half-time in an eligible undergraduate degree program.
  • Must be a U.S. citizen or eligible non-citizen (see Student Aid Eligibility).
  • Cannot be in default on any federal student loan or owe a refund on a federal student grant
  • Must have a valid U.S. social security number
  • Male student must be registered with the Selective Service, if required. You can check requirements at
  • Continuing students must meet the CU Denver|Anschutz Medical Campus Satisfactory Academic Progress (SAP) standards
  • Parents:

    • Must be the student’s biological, adoptive, or step parent.
    • Must be a U.S. citizen or eligible non-citizen (see Student Aid Eligibility).
    • Must have a valid social security number
    • Cannot be in default on any federal student loan or owe a refund on a federal student grant
    • Must not have an adverse credit history. A credit check will be performed during the application process. Examples of adverse credit include:
      • Bankruptcy
      • Delinquent debt of 90 days or more
      • Foreclosure
      • Loan default
      • Repossession
      • Tax Lien
      • Wage Garnishment
      • Write-off of Title IV federal loan debt within preceding 5 years of PLUS Loan application

Loan Features

  • Click here​ for the 2015-2016 Direct Loan interest rate and origination (processing) fee.
  • Click here​ for the 2014-2015 Direct Loan interest rate and origination (processing) fee.
  • The Direct PLUS Loan can be consolidated with other federal loans
  • You have a single contact for everything from application to repayment
  • Flexible repayment options
  • There are no pre-payment penalties
  • The maximum loan amount is the your student's cost of attendance or budget minus any other financial aid received.

Loan Requirements

PLUS Application & Master Promissory Note (MPN):

New borrowers must complete the PLUS Application and MPN at​. Your loan will not pay without completing these requirements.

Credit Check:

  • Direct Loan Servicing will run a credit check and notify you of the results.
  • Adverse credit history* will be considered, such as, bankruptcy, foreclosure, tax lien, and defaulting on loan payments.
  • If your credit check is not approved, you could choose from one of the four options listed below. Please contact Direct Loan Applicant Services at 800-557-7394 for the credit check results and to discuss your options.

(*The October 23, 2014 regulations provide that a PLUS loan applicant (either a parent or a graduate or professional student) has an adverse credit history if, in addition to other conditions (e.g., bankruptcy, foreclosure, tax lien, or a default determination), the applicant has one or more debts that are 90 or more days delinquent or that are in collection or have been charged off during the two years preceding the date of the applicant’s credit report, but only if the total combined outstanding balance of those debts is greater than $2,085. Thus, absent any other adverse credit history finding a PLUS Loan applicant whose credit check shows that the total of any debts that are 90 or more days delinquent or that have been placed in collection or charged off is $2,085 or less will not be considered to have adverse credit and therefore, will be eligible for a PLUS Loan.)

Loan Approved with Adverse Credit History

Beginning on March 29, 2015, a new regulatory provision requires special loan counseling for any PLUS Loan applicant who has an adverse credit history, but who qualifies for a PLUS Loan through the process for reconsideration due to extenuating circumstances or by obtaining an endorser for the loan. While the counseling is mandatory only for these borrowers, the U.S. Department of Education will offer voluntary counseling for all PLUS Loan borrowers. [see U.S. Dept. of Ed. regulation CFR 685.304(a)(2)]

Loan Disbursement

PLUS Loan funds will first be applied to your student's University account to pay tuition, fees and other institutional charges. Any remaining funds will be refunded to you or your student by the Bursar's Office based on the choice that you selected on the PLUS Application form.

Loan Repayment

  • On the PLUS Application parent borrowers can "opt" to defer repayment while your student is at least half-time enrolled. Otherwise, your loan enters repayment once your loan is fully disbursed (paid out). Interest will continue to accrue if you are granted a deferment/forbearance on the loan.
  • You may prepay your loan in full at any time or pay more than the monthly repayment amount due without penalty.
  • About 4-6 weeks after the first disbursement of your loan, your Federal Loan Servicer will mail a disclosure statement that will include their contact information and web address or go to National Student Loan Data System (NSLDS) to find your Servicer's contact information.
  • Register online at your Federal Loan Servicer's web site and check for detailed repayment information and deferment, forbearance, or consolidation options.

Additional information about the Direct PLUS Loan is available on the U.S. Department of Education's Repaying Your Loans page.


Apply for a Direct Parent PLUS Loan:


Federal Loan Servicer


Your loan account will be assigned to one of the Federal Loan Servicers. A loan servicer is a company that handles the billing and other services on your federal student loan. The loan servicer will work with you on repayment plans and loan consolidation and will assist you with other tasks related to your federal student loan.

It is important to maintain contact with your loan servicer, so register for free at your Servicer's web site to access your account. If your circumstances change at any time during your repayment period, your loan servicer will be able to help. Register for free on the Servicer's web site.​​​​​

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