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Federal PLUS Loan Disbursement Terms & Fees




In a typical academic year, Federal PLUS Loans are disbursed in two installments. When the academic period is for one semester or for the summer term, one disbursement is permitted at the beginning of the term.

Disbursement Terms:

Fall Semester - no more than 10 days prior to first day of class
Spring Semester - no more than 10 days prior to first day of class
Summer Term - no more than 5 days prior to first day of class

Fees Deducted from Proceeds:

  • 1% Guarantee Fee (waived by many guarantors)
  • 3% Origination Fee