/Institutions/Neumont-University/json/2013-2014/Catalog-local.json

/Institutions/Neumont-University/json/2013-2014/Catalog.json

Direct Plus Loans

The Federal PLUS Loan is available to parents of dependent students to help pay for the educational expenses of the student. PLUS loans are not based on need, but when combined with other resources, cannot exceed the student’s cost of education.

Parents may borrow up to cost of attendance minus other aid per eligible dependent student. There is an origination fee on a PLUS loan and a fixed interest rate. The payment schedule is determined by the total amount borrowed. For information on federal student aid programs, visit: www.studentaid.gov.