Financial Aid Information for Parents

Federal Parental Loan For Undergraduate Students (PLUS)

The Federal PLUS Loan enables parents or legal guardians to finance their dependent (as determined by the FAFSA), undergraduate student’s post-secondary education by borrowing funds directly from the government through the William D. Ford Direct Loan Program. In order to be eligible for the PLUS loan, apply for FAFSA.

This loan is insured by a guarantee agency and backed by the federal government. Although financial “need” is not required, credit worthiness is considered. Parents can take out up to the cost of attendance, minus any other aid. Contact SDCC’s Student Financial Services Office at (619) 201-8730 for a detailed cost estimate.

If one parent is denied the PLUS loan, and no creditworthy co-signer is found, the student may be eligible for additional Stafford Unsubsidized loan money. Once the Student Financial Services Office is informed of the denial by the lender (and/or the parent), a revised award letter is sent to the student for approval.

Learn More about PLUS Loans & Apply

Also, check out the following websites for parents:

United States Department of Education

FinAid Website for Parents