Apply directly with a lender from our List:

Parent PLUS Lenders

or

Graduate PLUS Lenders

What happens next?

1. Lender or servicer notifies borrower of credit decision
2. If approved, servicer requrests Loan Certification from FL Tech
3. FL Tech certifies loan, transmits Loan Application and creates student award
4. Loan sits "On Hold" pending scheduled disbursement date and student's completion of any Outstanding Financial Aid Requirements
5. FL Tech requests "Release" of loan for first semester disbursement
6. Servicer transmits funds via electronic transfer to FL Tech account
7. FL Tech disburses loan proceeds into student's FL Tech account
8. Loan proceeds are applied to current FL Tech tuition and fees
9. If student account has a credit balance, unapplied PLUS loan funds are refunded to student, or to parent if so designated by the parent
10. Repeat steps 7 thru 9 for next semester, if included in the loan period

Considerations when selecting your lender:

• Students and parents are encouraged to consider a number of lenders
• You are not limited, nor required, to use lenders on our Lender List
• If you choose a different lender, provide the lender ID and address to the FAO

  - Melbourne FInancial Aid Office

  - University Alliance Financial Aid Office

Note for University Alliance students:  You must select a lender who is able to process more than four disbursements per loan period.