PLUS (Parent Loans for Undergraduate Students) loans enable parents to borrow the student's cost of attendance minus other aid for each dependent student who is enrolled at least half-time. This loan is in the parent's name and must be applied for by the parent at www.studentloans.gov. UT Martin requires the student to complete the FAFSA before certifying a PLUS loan. The PLUS loan cannot exceed the difference in the student's estimated cost of attendance and what they are already receiving. We will adjust the amount accordingly.
If PLUS is Denied: If a parent is denied by the Department of Education for a PLUS loan, the school will be notified and the student will become eligible for an additional unsubsidized loan at the independent student level. We will send notification of that eligibility to the student and they will need to complete an additional form to request those additional loan amounts.