Parent PLUS Loan

Application Instructions for Parent PLUS Loan

Before you begin:
Parent PLUS loans are taken by the parent for the student. The parent, NOT the student, completes the application. As of May 10, 2015 the parent must have a verified FSA ID (Username & Password) instead of a PIN to log in to StudentLoans.gov. Create an FSA ID at fsaid.ed.gov.

Step 1
Go to the Direct Loan website, which is www.studentloans.gov. The parent should sign in using his or her FSA ID. Sign in by clicking the green “Log In” button.

Step 2
After signing in, click “Request a Direct PLUS Loan” on the center of the page. You will be shown two different types of loans. Select “Complete PLUS Request for Parents” under the Direct PLUS Loan Request for Parent Borrowers section.

Step 3
Complete all sections of the application form. For the Fall 2016 and/or Spring 2017, select “2016-2017” as the award year (the first question). Also, you must list Nicholls State University in the School and Loan Information section.

What happens next?
Upon submission, the parent will be notified of the credit decision.

  • If denied, the student may qualify for additional unsubsidized loans if the parent chooses not to pursue an endorser.
  • If approved and the parent wishes to be processed for the loan, he or she will need to complete a PLUS Master Promissory Note. Select “Complete an MPN” followed by “PLUS MPN for Parents.”

The information will be sent to the school electronically, and based on the credit decision, our office will determine the student’s loan eligibility.