University of Houston-Victoria

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Federal Graduate PLUS Loan

Graduate students who have been awarded the maximum subsidized and/or unsubsidized loan award for the academic year ($20,500) and have not been awarded aid equal to the amount of his/her Cost of Attendance or has borrowed his/her aggregate loan amount of $138,500, may have the opportunity to borrow additional funds through the Graduate PLUS Loan Program.

A complete outline of the process as well as a chart of adverse credit conditions with examples of supporting documentation is located at studentloans.gov.

How to Apply for a Graduate PLUS Loan

  1. Complete a FAFSA application if you have not already done so.
  2. Complete and submit the PLUS Loan Request.
  3. First-time PLUS borrowers must complete a Graduate PLUS Master Promissory Note. Students will need a FSA ID and Password.
  4. If you receive notification requesting submission of an endorser addendum, please complete the process at https://studentloans.gov
    • Obtain an endorser and complete PLUS Counseling.
      • An endorser is someone who does not have an adverse credit history and agrees to repay the loan if you do not repay it.
    • Document to the satisfaction of the U.S. Department of Education that:
      • The information causing the adverse credit decision is incorrect. OR
      • There are extenuating circumstances relating to the adverse credit history. (Note: Endorsers aren't eligible for this option.) AND
      • Complete PLUS Counseling

Loan Fees for Direct PLUS Loans

Loan TypeFirst Disbursement DateLoan Fee
Direct PLUS Loans On or after 10/1/18 and before 10/1/19 4.248%
On or after 10/1/17 and before 10/1/18 4.264%

Interest Rate

For Direct PLUS Loans first disbursed on or after July 1, 2018

LoanInterest Rate
Direct PLUS Loans (Parents and Graduate or Professional Students) 7.6%

How to Accept A Graduate PLUS Loan Award

Award notices are sent to your UHV email account. You will need to log into myUHV / Self Service / Financial Aid / Accept or Decline Awards. Check the accept or decline box or reduce the awarded amount.

The loan will be disbursed to the student's account once eligibility is reviewed.

Graduate students awarded the Graduate PLUS Loan will have a 60 day grace period after the last disbursement is made. Deferments are available for Graduate PLUS loans.  The borrowers may defer repayment during the six months after they leave school.  The additional six months will automatically be applied when the Graduate PLUS borrower requests an in-school deferment.