AOAAdvantage Graduate PLUS Loans

Terms and Conditions

Eligibility

You must be a U.S. citizen or permanent resident and be a graduate/professional student who is enrolled full- or half-time in an accredited school. You must have already earned a bachelor’s degree. You also must have accepted all Stafford loans available to you. A credit check is required.

Loan Limits

Up to the total cost of education, less any other aid the received.

Interest Rate

During in-school or deferment period: Fixed 8.5%
During repayment period: Fixed 8.5%

Fees

Origination fee: 3.0%
Default fee: 1.0%

Repayment Terms

Loan(s) may be repaid over a maximum of 10 years. Repayment begins 30-45 days after the loan is fully disbursed.

Information contained in this Web site is subject to change without notice, based on regulatory changes to the Federal Higher Education Act and/or upon financial market volatility impacting the ability of lenders to finance student loans. Benefits offered on loans already disbursed will not change.

Why Choose Us

• An AOA member benefit
• Low, fixed interest rates
• Flexible repayment plans
• Fully automated, online account access
• Superior customer services from a nonprofit lender