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The Graduate PLUS loan is a federally sponsored education loan for graduate students. You are eligible to borrow up to the full cost of education, including tuition, fees, living, book and transportation expenses, less any financial assistance received. We will not be able to certify your Graduate PLUS application until you apply for the Stafford Loan.
Graduate PLUS Loans have a fixed interest rate of 8.5% as set by the federal government, so you can borrow for your education without worrying about increases in interest rates and monthly payments. A minimum credit check is required for all Graduate PLUS borrowers. If you are not eligible based on your own credit rating, you may become eligible if you obtain an endorser for the loan.
To apply you must complete the federal aid application (FAFSA) and apply for the maximum Stafford Loan for which you are eligible. You should consider borrowing your Graduate PLUS from the same lender as your Stafford Loan. Refer to the Choosing your Lender link on the left for helpful information regarding lender selection for the Graduate PLUS Loan.
To complete the PLUS Master Promissory Note on-line go to:
http://gwired.gwu.edu/finaid-g/HowtoApply/
*If you do not wish to use the on-line process, please contact the Office of Student Financial Assistance to do a paper PLUS Master Promissory Note
Additionally, please be sure to complete a Loan Questionnaire and submit it to:
The George Washington University
Graduate Processing Center
P.O. Box 675649
Marietta, GA 30006-0019
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