Other Payment Options
Monthly Payment Plan
- To set up monthly payments, click here.
Federal Direct Parent PLUS Loan
- Borrower must be:
- Biological or adoptive parent
- U.S. citizen or eligible non-citizen
- Based on parent’s credit
- Student must have FAFSA on file
- Fixed interest rate of 9.08% for 2024-25
- Loan origination fee of 4.228% deducted from loan proceeds
- To apply, click here
Private Alternative Loan
- In general, borrower is the student
- Typically based on student’s credit (often requires a cosigner)
- Loans are made through commercial banks and lenders (terms and conditions vary)
- To compare loans PLU students have used in the past, click here
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