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Direct Graduate PLUS Loan

The Direct Graduate PLUS Loan is available to graduate students who have not reached their full cost of attendance with other aid. The loan is in the student's name and is based on the student's credit rating.


You must be a fully-admitted graduate student taking at least 5 credits at the graduate level (500 or above), and you must complete a FAFSA.


The U.S. Department of education determines credit score requirements and loan approval. If the loan is denied for credit purposes, borrowers may contact the Direct Loan Servicing Center for credit override instructions or how to include an endorser (co-signer) to the loan. The Direct Loan Servicing Center can be reached at 800.557.7394.


The U.S. Department of Education charges a 4.276% origination fee on all PLUS Loans with their first disbursement prior to October 1st, 2017.  PLUS loans with their first disbursement on or after October 1st, 2017 will have an origination fee of 4.264% at each disbursement.

Interest Rate

The interest rate for 2017-2018 is 7%.   These rates are fixed for the life of the loan.

Other Important Details

  • There is no EWU application for a Graduate PLUS loan. Simply call or come into the Financial Aid and Scholarship office to request a Graduate PLUS loan.
  • You must have a signed Master Promissory Note (MPN) on file for Direct Graduate PLUS Loans.
  • You must complete Direct Graduate PLUS Loan entrance counseling prior to receiving the funds.
  • Direct Graduate PLUS Loans do not have a grace period.

We strongly encourage all student loan borrowers to utilize, a free service to all EWU students. With SALT, you can track and manage your federal student loans, learn of repayment options, budgeting techniques, and much more.

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