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Federal Direct Graduate PLUS Loans

A graduate student may borrow a Federal Direct Graduate PLUS Loan to finance all or any portion of the cost of attendance after all other financial aid has been deducted. In order to qualify for a Graduate PLUS Loan, a FAFSA must be submitted. A credit check is required for the Graduate PLUS Loan.

The Federal Direct Graduate PLUS Loan has an up-front fee of 4.248%. The interest rate for this loan is fixed at 7.08% disbursed July 1, 2019 to June 30, 2020.

Graduate students may borrow up to the cost of attendance (tuition, fees, room, board, books, travel expenses, and miscellaneous expenses) minus all financial aid that they are receiving. Standard repayment is 10 years and begins 60 days after the loan is fully disbursed. Repayment plans based on income and other flexible payment plans are available at

Repayment may be deferred (with interest accruing) until after the student graduates or ceases to be enrolled at least half-time. Interest-only payments are available during this period of deferment.

How to apply

Graduate students can apply and complete the credit check at To get started with your Grad PLUS Loan application: 

  • Sign in with your student FSA ID 
  • Hover over "Apply for Aid"
  • Select Apply for Grad PLUS Loan under "Apply for PLUS Loan"

If you are approved for the Graduate PLUS Loan, Moravian will be notified within 24 hours and the loan will be added to the student's account within 7-10 days. If approved, you must also complete the Master Promissory Note (MPN) for Grad PLUS Loan borrowers. To complete your MPN: