The application process is completed by the parent on the web at studentloans.gov.  You will need your FAFSA pin to begin this process.

Parents may borrow up to the cost of attendance minus any other aid received by the student annually.

Interest Rate for the PLUS loan is 6.41% for the 2013-2014 academic year.
FEES:  All PLUS loans are subject to fees of 4.204% that are withhold from the amount received.  Fees are deducted from the loan servicer at the time funds are disbursed to the school.

Disbursement:  After the PLUS loan has been approved and is ready to disburse, it will be disbursed in two equal installments.  Half in the fall and half in the spring. 

Repayment begins within 60 days after the loan funds for the year are fully disbursed (with 60 days after the second disbursement).  Parents may request a deferment under the deferment option through the application process.