Federal Direct Parent Plus Loan
Office of Financial Aid

CRITERIA

• Parents of dependent students and graduates may apply for the Parent Plus / Grad Plus Loan
• Repayment and interest begin when the loan is fully disbursed
• Interest rate is fixed at 9.08% (2024-2025)
• Credit approval of borrower is required
• 4.228% origination fee
  
  

Complete the Defiance College Federal Direct Parent Plus Loan Application.

Complete the application and Master Promissory Note (MPN). No funds will be disbursed until the MPN has been completed.

In the instance of a loan denial, parents may appeal the denial or the student may borrow additional unsubsidized loans. The denial letter may be faxed or emailed to the financial aid office at 419-783-2579 or financialaid@defiance.edu. Once the denial is received, the additional Unsubsidized Stafford Loan will be processed for the student.

Defiance College admits students regardless of race, color, creed, sex, national or ethnic origin, sexual orientation, or disability.