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Federal Direct Grad PLUS Loans

Middlebury College participates exclusively in the William D. Ford Federal Direct Loan program, in which borrowers obtain loan funds directly from the U.S. Government.  The Federal Direct GRAD Plus loan for graduate students is specifically designed to enable graduate/professional students to increase their federal financial aid at an affordable interest rate.  Direct Grad PLUS loan repayment differs from Direct loan - repayment begins 60 days after the second disbursement of the loan.  Many servicers offer deferment until the student graduates from the program, although interest continues to accrue.

Maximum Direct Grad PLUS Eligibility

Graduate students may borrow up to the total cost of education, minus financial aid and other loans received.  Before receiving a Direct Grad PLUS loan, the school must determine the student's eligibility for the amount borrowed.  The student borrower must be credit worthy.

When Applying for a Direct Grad PLUS Loan

  • A student must have borrowed his/her maximum Direct loan eligibility
  • Student must complete the FAFSA.

To apply for a Direct Grad PLUS loan go to

To complete a Loan Agreement (MPN) go to

Adverse Credit History

If a borrower is determined by the Department of Education to have an adverse credit history, he/she may:

  • Document extenuating circumstances
  • Obtain an endorser

Borrowers who are determined to have adverse credit but qualify for a Grad PLUS loan based on extenuating circumstances or obtaining an endorser must complete Entrance Counseling at

Student Financial Services

Service Building
84 South Service Road
Middlebury College
Middlebury, VT 05753
P: 802.443.5158
F: 802.443.2065