I borrowed a PLUS Loan at UConn last year. What do I have to do this year to get another PLUS Loan?
Parent and Graduate Borrowers are required to complete a new PLUS Loan Information Form each year. Graduate students are also required to complete the FAFSA each year. Due to a change in loan processing from last year, continuing borrowers at UConn will need to complete a new Master Promissory Note for the Direct Loan Program, if you are credit approved. You will not be able to continue borrowing through your previous lender(if applicable). Once you have completed your Direct Loan MPN, you will not be required to complete a new MPN in future years.
Related Questions
- If I borrowed a Federal Stafford or Federal PLUS loan through a private lender in 2009-10 and I borrow a Federal Direct Loan in 2010–11, will I have to repay two different lenders?
- Do the amounts borrowed by a graduate or professional student under the PLUS program count toward the aggregate loan amount borrowed by the student?
- I borrowed a PLUS Loan at UConn last year. What do I have to do this year to get another PLUS Loan?
