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Eligibility Calculator

Please use the following formula to assist you in determining your Federal Direct PLUS Loan eligibility for the academic year. You are allowed to borrow (based on credit worthiness) the maximum amount, however, you must determine the amount you wish to borrow:

 

Total Student Budget - Total Student Award Offer = Maximum Federal Direct PLUS Loan Amount

$Student budget
(2011-12 full-time undergraduate budget includes all billable costs as stated on the Student Expense Planner plus estimated miscellaneous educational costs such as transportation, books, supplies, recreation, etc.)
- $Total Student Award Offer
(enter amount from student's mailed award offer)
= $ Your maximum Federal Direct PLUS Loan Amount