Florida Institute of Technology
High Tech with a Human Touch
Financial Aid Plus Loan Providers
PLUS Loan Providers
Federal guaranteed PLUS loans are available to credit worthy borrowers who are graduate students or the parents of an undergraduate student. In either case, the student must complete the FAFSA, be accepted by Florida Tech as a degree-seeking student, and be registered for at least half time status. If the parent of an undergraduate student applies for a PLUS loan and is denied credit, the student becomes eligible for an additional amount in unsubsidized Stafford student loans.
There is also a dollar limit on the amount you may be eligilbe to borrow. Florida Tech must certify that each loan meets certain other conditions related to the student's estimated Cost of Attendance, other financial aid and the number of school terms the loan will cover. Consequently, you may want to discuss your situation with a Florida Tech Financial Aid Counselor to determine the amount you would be able to borrow.
To learn more about each lender or to complete an application now, click on the appropriate hyperlink for your status as a graduate student or the parent of an undergraduate student:
| Lender | Toll Free | Lender Code | Apply |
| Edamerica | (800) 337-1009 | 831453 | |
| Fifth Third Bank | (800) 222-7192 | 808780 | |
| Regions Bank | (800) 734-4667 | 810612 | |
| Sallie Mae | (888) 272-5543 | 802218 |
You may apply with a lender from our list or you may select a lender of your choosing. Florida Tech's Lender List criteria: (1) lenders can process more than four disbursements per loan period, a requirement for University Alliance students, and (2) lenders disburse loans via electronic transfer; no check to sign.
If you do choose a different lender, please provide the lender ID and address to the appropriate Financial Aid Office:
| Melbourne Financial Aid Office | University Alliance Financial Aid Office |
In addition, if you apply to a different lender for a Graduate PLUS loan, you also need to complete a new Grad PLUS Entrance Interview requirement that is conveniently available online.