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The Federal Direct PLUS Loan is a low-interest loan designed to provide graduate students with additional funds for college. The maximum eligibility amount per academic year is the school’s estimated cost of attendance minus other student financial aid. The interest on the Direct PLUS is fixed at 7.9%. The U.S. Department of Education will withhold an origination fee of 4% of the total loan amount.

In order for us to certify your Direct PLUS loan, you must complete a three-step process:
1. Sign and return your financial aid award letter for the Direct
     Subsidized/Unsubsidized within three weeks of receipt.
* Faxes and scanned copies are not accepted.
2. Complete Grad PLUS Entrance Counseling with Direct Loan Servicing.
     This is a twenty-minute online tutorial specifically designed
     to acquaint first-time Direct PLUS borrowers with their rights
     and responsibilities for this educational loan.
* If you have previously borrowed at Warren Wilson College, you
     will need to complete entrance counseling with Direct Loan
     Servicing.
3. Complete a Grad PLUS Loan Application with the Federal
      Department of Education. Please remember that the Grad PLUS
       loan is credit-based and that you have to have your loan
       approved. Please go to www.studentloans.gov, login using
       your FAFSA PIN #, and click on "Request PLUS Loan" to begin
   the application process. If the credit is approved, you will be
       instructed to complete the MPN online.
* If you have previously borrowed at Warren Wilson College, you
      will need to complete a new MPN.

Entrance Counseling: www.studentloans.gov
MPN: www.studentloans.gov