The William D. Ford Federal Direct parent PLUS Loan Program is for parents to provide assistance in meeting undergraduate educational cost for dependent students.
Regardless of financial need, any parent of an undergraduate student can apply.
The Federal Direct Parent PLUS loan is offered to parents of dependent undergraduate students. This loan is credit based and a credit check will be performed by the U.S. Department of Education at the time of application. The credit check is valid for 180 days.
If the Federal PLUS Loan application is denied, the dependent student will be eligible for additional unsubsidized Stafford Loan funds (freshman/sophomore $4,000; junior/senior $5,000)
Federal Direct parent Plus Loan Application
Alternative Private Parent Loans:
Alternative/Private Parent Loans are offered through private lenders. These are private loans that a parent or sponsor can borrow on behalf of a student and a credit check is used to determine eligibility.
Below is a list of lenders who participate in the Alternative/Private Parent Loan Program. Lindenwood University does not endorse any lender. Research your lender options before you select the lender of your choice.
Lender Name Alternative Loan Program Name Citizens Bank
Student Loan for Parents Citizens One
• Citizens One Application Disclosure
Citizens One Student Loans Commerce Bank
• Commerce Bank Application Disclosure
Their Future Education Loan Sallie Mae
• Parent Disclosure
Sallie Mae Parent Loan