The Graduate PLUS Loan is an option for students who need additional funding beyond what is available through the Federal Stafford Loan program. The Graduate PLUS Loan is a federally-guaranteed loan that requires credit approval from the U.S. Department of Education. It is generally available to students who do not have adverse credit. The Graduate PLUS Loan may be borrowed for up to a student's Cost of Attendance minus other financial aid that has been awarded.
For Graduate PLUS Loans disbursed between July 1, 2014 and June 30, 2015, the interest rate is fixed at 7.21%.
For Graduate PLUS Loans disbursed between July 1, 2015 and June 30, 2016, the interest rate is fixed at 6.84%.
For Graduate PLUS Loans disbursed on or after October 1, 2014 and before October 1, 2015, the origination fee is 4.292%.
For Graduate PLUS Loans disbursed on or after October 1, 2015 and before October 1, 2016, the origination fee is 4.272%.
Graduate PLUS Loans disbursed prior to October 1, 2014 have different origination fees. Please click here to view.
Please contact the Financial Aid Office at 310-568-5775 or GSEPfaid@pepperdine.edu to apply for the Graduate PLUS Loan. For detailed information regarding this loan, please visit the Federal Student Aid website.