Applications for Federal Direct PLUS and Graduate PLUS loans are processed online through the US Department of Education student loan website at www.StudentLoans.gov.

• The parent or graduate student borrower must sign in to the website using his/her Federal Student Aid PIN (the same PIN that was used to sign the student’s FAFSA) in order to apply.  If the borrower does not already have a PIN or has forgotten it, a new one may be obtained by following the link to the PIN site (www.pin.ed.gov).
• Once signed in, the borrower must click on “Request a PLUS Loan” to begin.  

PLUS PROCESS CONSISTS OF FOUR EASY STEPS:

Step 1: Personal Information:  Personal information of the parent or graduate student borrower.

Step 2: Student & Loan Info:

• Select 2012-2013 as the Award Year.
• Parent PLUS borrowers only (not graduate students) must enter the information of the student for whom the loan is for.
• Select “NEW YORK” as the School State and “SAINT JOHN’S UNIVERSITY” as the school name.
• Enter a requested loan amount.
  • The borrower enters a specific amount to borrow for the school year or may elect to borrow the maximum amount for which he/she is eligible.  The maximum amount the PLUS borrower may request is included in the St. John’s 2012-13 Financial Aid award package.  
  • If the borrower later determines that he/she does not need the entire amount applied for, he/she may cancel or reduce an un-disbursed loan at any time.   A disbursed PLUS loan may be cancelled or reduced within thirty days of the date of disbursement.  St. John’s Loan Change Form is available online.
  • The amount the borrower chooses to apply for will not affect the result of the application.  
  • When choosing an amount, the borrower should borrow only what is really needed and remember that loans must be repaid.

Step 3: Review Application

Step 4: Credit Check & Submit: Authorize the review of credit history and submit the application.

Additional Step for New GradPLUS Borrowers :
All new Direct Grad PLUS Loan borrowers must complete a separate Grad PLUS Entrance Interview atwww.StudentLoans.gov.

When will the borrower be notified of the result of the application?