Parent-Loan | JCTC

Federal Parent Loan for Undergraduate Students (PLUS)

Please note: Dependent students (those who had to provide parental data on the FAFSA) may have another loan resource to use called the Federal Parent PLUS loan program.

A parent of a dependent undergraduate student may apply for a Parent PLUS to help pay their student s educational costs.

The interest rate for these Direct PLUS loans is fixed at 7.08%. Interest is charged on a PLUS Loan from the date of the first disbursement until the loan is paid in full.

Typically the parent begins repaying principle and interest 60 days after the loan is fully disbursed unless the lender offers a deferment option for the parent.

Download the JCTC Parent PLUS Loan Request Form in addition to completing the Parent PLUS Loan Application at


For assistance, please call 855.246.5282 (855.2GO.JCTC) or visit our Student Service Center online.