Student Financial Aid

Parent (PLUS) loan process

Students must first apply for FAFSA to be considered for a Federal Direct PLUS Loan.

For a parent loan (PLUS) to be completed, there are 2 steps to the PLUS request:

1   Parent completes Parent Loan (PLUS) Request
2   Parent signs Master Promissory Note (MPN)

Parent loan (PLUS) request

The parent borrower will log into the Direct Loans website using his or her own social security number and his or her own FSA ID. To log in: click Log In, then:

Select: Apply for a PLUS Loan
Select the loan type: Direct PLUS Loan Request for Parent Borrowers

There are 4 steps to the request process where the parent borrower will provide information or agree to terms & conditions:

Student & Loan Info
Borrower Info
Review Request
Credit Check & Submit

Master promissory note (MPN)

If you have not already completed a Master Promissory Note for a parent loan for your son/daughter, you will need to:

Select: Complete Master Promissory Note
Select the MPN type: PLUS MPN for Parents

There are 4 additional steps to complete the MPN:

Personal Information
Personal References
Terms & Conditions
Review & Sign

 

The UW will receive the completed PLUS loan request and promissory note information within 48 – 72 hours which will update our systems. At that time, your student can check their financial aid status on MyUW to verify we have received their loan information. If you have selected that you do not know the amount to borrow, an award will be offered which your student will need to accept to complete the process.