Parent Loan for Undergraduate Students (PLUS)

This is a non-need based creditworthy loan given to parents of dependant college students. The interest rate is fixed and adjusts yearly as of July 1st.

The annual limit for a PLUS loan is the annual cost of attendance minus any financial aid received by the student. Repayment of both the principle and interest begin 60 days after the last disbursement is issued to the school. The repayment period is between 10 and 25 years depending on amount owed.

*** Fill out a Loan Request for the 2009-10 Academic Year ***

This application is in Adobe Acrobat format.
Please print the form, fill it out, and return it to:

Northwestern Michigan College Financial Aid Office
1701 E. Front. St.
Traverse City, MI 49686

The Adobe Acrobat reader is freely available from Adobe's web site:
www.adobe.com