California Edition 2013-2014 > Financial Policies and Information > Financial Aid Programs > Direct PLUS loans for Graduate Students (GRAD/PLUS)

Direct PLUS loans for Graduate Students (GRAD/PLUS)

Federal GRAD/PLUS Loans for students pursuing a graduate or professional degree provide additional funds for credit-worthy graduate students to help pay for students’ educational expenses. If a student has no credit or a poor credit history, he/she may still qualify for a loan by applying with a credit-worthy endorser. The interest rates for these loans are fixed at 7.9 percent for Direct PLUS loans and repayment begins immediately after the loan is fully disbursed.