Parents of dependent students may borrow a Federal Direct Parent PLUS Loan to assist with educational expenses. You parent will have steps to complete each year your parent borrows the loan. If you accept Federal Direct Parent PLUS Loan, you will have steps to complete each year. All loan requirements must be completed for the university to apply a loan to your CU Denver student account.

1.Complete Parent PLUS Loan Application

A Parent PLUS Loan cannot be accepted via a student’s UCDAcccess Portal. Parents who plan to borrow a Parent PLUS Loan will need to complete an application for the credit-based loan. The credit check is valid for 180 days. If the loan is approved, the status will change to accepted in a the student’s UCDAccess portal. Note: When applying for a PLUS Loan it is important to use the correct loan period. For Fall- Spring use the correct Academic Year. For a Summer loan be sure to select the summer term.


2. Sign Master Promissory Note (MPN)

A Master Promissory Note (MPN) is a legal document in which you promise to repay your loan(s) and any accrued interest and fees. It also explains the terms and conditions of your loan(s). An MPN is valid for 10 years.


3. Next Steps for Loans Approved With an Endorser or an Appeal

Borrowers of PLUS Loans approved with an endorser require the endorser to sign a MPN. Borrowers of loans approved through an appeal require the borrower to complete PLUS Credit Counseling.