Graduate PLUS Loan

The graduate PLUS loan program is for students in master's or doctoral degree programs.


Interest: The interest rate changes every year. For the current rate please go here. This loan is not subsidized by the federal government. Interest is capitalized and accrues while in school.

Repayment: Begins within 60 days of the final disbursement; there is not a grace period.

Eligibility Requirements

  • Students must be in a master's or doctoral degree program.
  • Students must be enrolled at least half time.
  • Students must be achieving satisfactory academic progress as established by the Northridge Financial Aid & Scholarship Department.
  • Students may borrow up to the full cost of your education as determined by the Northridge Financial Aid & Scholarship Department.

Application Process

  1. Free Application for Federal Student Aid (FAFSA) must be on file. Apply for other types of aid first; students must apply for the maximum amount in the Stafford loan programs before applying for a PLUS loan.
  2. Submit the PLUS loan request form under "Forms & Documents" for the current academic year to the Financial Aid & Scholarship Department. Do not use the "Request PLUS Loan" link found at; Northridge does not accept PLUS applications submitted via
  3. Complete the electronic Master Promissory Note (MPN).
  4. Complete Loan Entrance Counseling (LEC). Make sure you select the "Entrance Counseling" link.
  5. The PLUS loan award is subject to a credit decision from the Department of Education. If a PLUS loan is added to a student's award package, it does not guarantee loan approval.