Direct PLUS Loans for Students
Parents of dependent students and graduate students may borrow under the Direct PLUS Loan program, which is lent by the U.S. Department of Education.
Repayment for these loans begins 60 days after the second disbursement. The maximum loan amount that you can receive equals the cost of attending Goldfarb School of Nursing minus any other financial aid you have already received.
Types of PLUS Loans
Parent PLUS loans are for dependent students who need additional funding. Graduate PLUS loans are for Master's degree programs, CRNA, or DNP/PhD students. Both are considered Direct PLUS loans. The U.S. Department of Education makes Direct PLUS Loans to eligible students at schools participating in the Direct Loan Program.
*You will be required to complete exit counseling once you complete your program, withdraw or drop below half-time attendance.
How to Apply
The graduate PLUS and parent PLUS loans require the successful submission of the Free Application for Federal Student Aid form. This application is sent directly to the Federal Processor. After processing, a Student Aid Report (SAR) is sent to the student and an Institutional Student Information Record (ISIR) is electronically sent to the financial aid office, provided our Title IV school code is listed on the FAFSA.
STEP 1
Obtain a Federal Student Aid ID (Formerly Federal Student Aid PIN)
The FAFSA application requires you to obtain an FSA ID. If you do not have an FSA ID, you can create a user account to obtain the ID number.
STEP 2
Complete Your Free Application For Federal Student Aid (FAFSA)
Please complete the FAFSA for the year you will be attending school, and be sure to include Goldfarb's school code on the FAFSA: 006389.
There are two ways to complete the FAFSA:
- Via the Internet at https://studentaid.gov/h/apply-for-aid/fafsa
- Directly through the Financial Aid Office by appointment (to be completed online
STEP 3
Request a Direct PLUS loan
If you are interested in applying for a PLUS loan for the 2024-2025 academic year, please visit studentaid.gov and click the aid year 2024-2025. The 2024-2025 academic year includes our Summer 2024, Fall 2024, and Spring 2025 terms. Once you log in, please click "Request a Direct PLUS loan," then click on the appropriate loan type:
- Dependent students will choose a Parent PLUS loan type
- MSN, CRNA or DNP/PhD students will choose a Grad PLUS loan
STEP 4
Complete the Application
Please proceed with the application. As long as the application lists our school, we will receive the results and process the application from there.
The application process takes roughly 20 minutes and must be done in a single session. Please visit the Federal Student Aid website for more application details.