The Federal PLUS Loan is a credit-worthy loan for the parent or legal guardian of a dependent student or a graduate student who has borrowed the maximum amount of Stafford Loan assistance. Borrowers may request up to your cost of education less all other financial aid received. Repayment normally begins within 60 days after the first disbursement of the loan.

Benefits

• A 0.70% interest rate reduction for automatic payment deduction*
• Delayed repayment options available**

* The interest rate reduction for automatic payment deduction will be lost if automatic payment deduction is discontinued. Benefits are effective for loans first disbursed on or after 5/23/08.

** Delayed repayment option: When you need it most, PNC Bank can assist you by delaying your PLUS Loan payments while your student is enrolled at least half-time. Contact us for more information.

If you have any questions, our customer service consultants are available to assist you.
Please call us at 1-800-762-1001, Monday through Thursday from 8am to 6pm and Friday from 8am to 6pm Eastern time, or send us an email at eduloans@pncbank.com.

PNC Bank reserves the right to modify offered interest rates, fees and borrower benefits at any time without notice. Federal PLUS Loans are subject to credit approval.