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Federal Direct PLUS Loans are year specific and the credit expires after a specific time period.  For this reason the Federal Direct PLUS Loan Application for Parents for the 2019-2020 award year will not be available on the https://studentloans.gov website until 04/19/2019.

Federal Direct PLUS Loan Application for Parents Process

Angelo State University participates in the Direct PLUS Loan Lending program. Direct Plus loans for Parent borrowers are credit based and year specific so a new credit application is required each year.

  1. Student receives award notice from Angelo State University via their ASU email and their FAFSA email.
  2. Student accepts the awards via their RamPort log in under the Financial Aid and Billing link.
  3. To complete the Direct PLUS Loan Application for Parents the PARENT will click on the appropriate tab below using the Parent’s FSA ID and password.
  4. Parent allows 24-48 hours for Direct PLUS Loan Application confirmation to be uploaded by the school.
  5. If credit approved parent will be required to complete the Direct PLUS Loan Master Promissory Note (Direct PLUS Loan MPN) by clicking on the appropriate tab below.

If there are any questions during the completion of your Direct PLUS Loan or Direct PLUS Loan MPN process, or you have an issue with your FSA ID and Password, please call the Department of Education’s Customer Service at 800-557-7394.

  • Credit Application
    1. Parent goes to https://studenloans.gov and the Parent Borrowers section.
    2. Click on the Apply for the PLUS Loan and then the Log In button.
    3. Parents logs in with their FSA ID.
    4. Review Information and then click on the Start button to begin your application.
    5. Select the correct Award Year from the drop down box.
    6. From this point you will read all of the information and answer the questions that appear.  At the end there will be a submit button.
    7. Once submitted, you will receive a confirmation indicating if your application was approved or denied.
    8. If approved, you will be prompted to complete the Loan Agreement for a PLUS Loan (MPN).  Complete the PLUS MPN for Parents.
    9. If denied, you have the option of appealing the credit decision or get an advisor.  If you choose to not appeal the denial or get an endorser, student will be offered additional Federal Direct Unsubidized Stafford loan by the school (up to $4000 for freshman/sophomore status and up to $5000 for junior/senior status).
  • Master Promissory Note
    1. Parent goes to https://studentloans.gov and the Parent Borrowers section.
    2. Click on Complete Loan Agreement for a PLUS Loan (MPN).
    3. Click on the Log In button.
    4. Parents logs in with their FSA ID.
    5. Click on the Start button under Complete a Master Promissory Note.
    6. From this point you will read all of the information and answer the question that appear.  At the end there will be a submit button.
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