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Parent PLUS Loans

Summer Term Parent PLUS Loan

If you wish to apply for a Parent PLUS Loan, then please read the Summer 2015 Financial Aid Instructions and make sure your student fills out a JMU 2015 Summer School Financial Aid Application.  The application can be found at the end of the Summer Aid instructions. Your PLUS loan cannot be processed if your student does not complete a JMU 2015 Summer School Financial Aid Application, as that is necessary to determine your eligibility to apply for this loan.

Once these steps are completed you will receive a Parent PLUS Loan Financial Aid Award Notice directing you to complete the Parent PLUS Direct Loan Application.  As in the fall and spring terms, parents cannot apply for the PLUS Loan via MyMadison, but will complete the application through a different process that is outlined on the Parent PLUS Loan Financial Aid Award Notice.

Fall and Spring Term Parent PLUS Loan

If you wish to apply for a Parent PLUS Loan for the Fall 2015/Spring 2016 academic year, then you will need to wait until you receive your Parent PLUS Loan Financial Aid Award Notice.  The process of emailing those to parents will begin around the end of June. It is important that you do NOT attempt to apply for your loan until you receive the award notice, as it will not be processed.

If you are accepting a Parent PLUS Loan for the Fall 2014/Spring 2015 academic year, then proceed to Parent PLUS Direct Loan Application below if you received your Parent PLUS Loan Financial Aid Award Notice. 

Parent PLUS Direct Loan Application

JMU is now using the Department of Education PLUS application form. After logging in at www.studentloans.gov using your Department of Education supplied FSA ID, you will see a screen similar to the one below:

PLUS Steps

If this is the first Parent PLUS loan you have requested for this student, you must complete both Step 1 and Step 2.  If you have already requested a Parent PLUS loan for this student and completed a Master Promissory Note (MPN) at that time, you only need to complete Step 2 because a Master Promissory Note is already on file.

 

Remember to accurately enter your legal name.  Do not use nicknames or just an initial when a name is required.

 

To begin the Parent PLUS application process, click https://studentloans.gov.