Direct Graduate PLUS Loans

Direct Graduate PLUS loans enable independent graduate students, with good credit histories to borrow up to the student’s cost of attendance, less any other aid received.


The Direct Graduate PLUS loan interest rate for all loans disbursed

-on or after July 1, 2018 and before July 1, 2019 is 6.06% fixed.

-on or after July 1, 2017 and before July 1, 2018 is 7% fixed.

-on or after July 1, 2016 and before July 1, 2017 is 6.31% fixed.


For interest rates on loans disbursed before July 1, 2017 please visit

Direct PLUS Loan interest begins at the time the first disbursement is made and repayment begins within 60 days after the loan is fully disbursed.  The Direct PLUS Loan has origination fees (loan fees) that are deducted proportionately from each loan disbursement the student receives.  This means the money you receive will be less than the amount you actually borrow.  The student is responsible for repaying the entire amount borrowed and not just the amount received.


For more detailed information regarding Direct Graduate PLUS Loans limits and procedures please visit


Students must adhere to all UTC enrollment and Satisfactory Academic Progress standards in order for their parent to be eligible for PLUS loan proceeds.