AOMA Graduate School of Integrative Medicine

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Direct PLUS Loans

Direct PLUS for graduate students loans are available to eligible students to help cover the cost of attendance not covered by Direct Unsubsidized Loans. Direct PLUS Loans accrue interest throughout the life of the loans, and the borrower is responsible for paying this interest. Payments on Direct PLUS Loans originated after July 1, 2008 may be deferred while the borrower is enrolled in an eligible program at least half-time (six credits); however, the interest on deferred Direct PLUS Loans will be capitalized. The federal government does not offer a grace period for Direct PLUS Loans, and repayment begins 60 days after the loan is fully disbursed since there is no grace period. Direct PLUS Loans may be eligible for an in-school deferment that allows postponement of payments until graduation or after the borrower drops below half-time enrollment status. Direct PLUS loans are awarded based on a student’s BBAY and are paid in 3 equal disbursements, one for each term in the BBAY.

For more information about applying for direct loans, please click here.

For more information about loan limits and interest rates, please click here.