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Southern Oregon University

Amount per year varies

Parent PLUS loan applications are available on the forms page.

The PLUS loan is a credit-based loan offered to parents of dependent students. This loan can be used to replace the Estimated Family Contribution (EFC) of the parent/dependent student. Repayment begins 60 days after the last disbursement. The interest rate is 7.9%, and fees totaling 4% are deducted from each disbursement.

PLUS borrowing is limited to parents who do not have an adverse credit history. The student must be enrolled half-time or more. A separate application is required. Allow extra processing time.

The amount of the PLUS Loan that a parent borrows can vary widely. Any amount up to cost of education minus aid is possible. Contact the Enrollment Services Center for further information.