The Federal Parent PLUS loan is a federal loan that parents of dependent undergraduate students can use to help pay education expenses. The U.S. Department of Education makes PLUS Loans to eligible borrowers through the CU Denver's participation in the
Federal Direct Loan Program. Find more information about the Federal Parent PLUS Loan.
Interest Rate for Parent PLUS Loans*
Interest RateFirst disbursed on or after July 1, 2022 through June 30, 2023
Interest RateFirst disbursed on or after July 1, 2021 through June 20, 2022
|Parent PLUS Loan||7.54%||6.28%|
* The rate for each loan is a fixed interest rate for the life of the loan.
Loan Origination Fees for Direct Parent PLUS Loans
An origination fee is a percentage of your loan amount charged by the lender for the processing of your loan. Federal student loans have an origination fee; therefore, the amount you may receive as a disbursement may be slightly lower than the amount you accept.
Origination FeeFirst disbursed on or after October 1, 2021 - September 30, 2022
Origination FeeFirst disbursed on or after October 1, 2022 - September 30, 2023
|Parent PLUS Loan||4.228%||4.228%|
Parents who choose to borrow a Federal Direct Parent PLUS Loan to assist with educational expenses will have steps to complete for each loan borrowed. All loan requirements must be completed for the university to apply Parent PLUS Loan funds to your student’s CU Denver tuition.