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| MES Federal Loans |
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Federal Grad PLUS
The low-cost federal loan for graduate/professional students is an affordable solution for financing up to the full cost of education, less other financial aid awarded.
Who’s it for: Graduate or professional student enrolled at least half time in a degree program, must have a valid Social Security number, be a U.S. citizen or eligible permanent resident, and be creditworthy.
Repayment: Payment of principal and interest begins
within 60 days of full disbursement. Maximum repayment
term is 10 years. Parent borrowers may be eligible for
a Reduced Payment Forbearance while the dependent
student is enrolled at least half time. Borrowers may
contact EdFinancial Services at 800.337.6884. The
forbearance term cannot exceed 48 months.
- 1% default fee
- 3% origination fee deducted from loan proceeds
- Fixed interest rate of 8.5%
» APPLY NOW
» VIEW ALL MES FEDERAL LOANS
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