Federal PLUS Loan

Step 1 Parent must obtain a US Department of Education PIN at www.pin.ed.gov

Step 2 Annually complete a Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov/

Step 3 Student must accept PLUS Loan on EKU Direct

Step 4 On or after July 1, parent borrower must go to www.kheaa.com and complete Zip Credit Decision.

Step 5 If pre-approved, parent borrower must use his/her PIN to electronically sign Master Promissory Note (MPN) at www.kheaa.com

The Plus Loan interest rate in effect from July 1, 2009 through June 30, 2010 is 8.50%.

The lenders listed have been selected based on customer service, borrower benefits and participation with our main guarantor, Kentucky Higher Education Assistance Authority (KHEAA), in the EFT (electronic fund transfer) process. Borrowers are free to choose any lender that participates in the FFEL program even if they are not on this list. Borrowers who select a non-KHEAA lender may be required to submit a paper application. Neither Eastern Kentucky University nor the EKU Office of Student Financial Assistance benefits from a borrower's choice of lender.