Academic Year 2025-2026
The University of Rhode Island participates in the Federal Direct Graduate PLUS Loan Program. The University receives funds directly from the U.S. Department of Education and disburses (pays) them to eligible students. The student must file a FAFSA (Free Application for Federal Student Aid) for the academic year they would like to receive the loan(s) in order to be eligible for the Federal Direct Graduate PLUS Loan.
The rates below are set by the federal government. The interest rate and origination fee pertains to Academic Year 2024-2025. Note: For the Academic Year 2025- 2026 the interest rate and origination fee will be announced after July 1, 2025.
PLUS Loan Interest rate – 9.083% PLUS Loan Origination fee – 4.228%
First time Graduate PLUS Loan Applicants
- Complete the 3 steps below.
Returning Graduate PLUS Loan applicants with an URI Master Promissory Note (MPN) on File
- Complete the credit check each year – Step 1 below
- Complete the URI Supplemental Application each year – Step 3 below
- Click here to complete a credit check for a PLUS Loan. Log in using student FSA-ID and password.
-If approved, continue with Steps 2 and 3. The borrower (student) will receive the results of a borrower-initiated credit check immediately. The credit check decision will be good for 180 days.
-If denied, please review your options in your email. For more information please review the “PLUS Loan Denial Options” tab above.
- Click here to complete a URI Master Promissory Note (MPN). Log in using student FSA-ID and password.
- Click here to complete the URI supplemental Student Loan Application.
- Please note you will need to enter: your URI ID #, your Social Security Number (SSN), and your date of birth.
- Be sure to click the magnifying glass to specify Academic Year “2026”.
Academic Year 2024-2025
The University of Rhode Island participates in the Federal Direct Graduate PLUS Loan Program. The University receives funds directly from the U.S. Department of Education and disburses (pays) them to eligible students. The student must file a FAFSA (Free Application for Federal Student Aid) for the academic year they would like to receive the loan(s) in order to be eligible for the Federal Direct Graduate PLUS Loan.
The rates below are set by the federal government. The interest rate and origination fee pertains to Academic Year 2024-2025. Note: For the Academic Year 2025- 2026 the interest rate and origination fee will be announced after July 1, 2025.
PLUS Loan Interest rate – 9.083% PLUS Loan Origination fee – 4.228%
First time Graduate PLUS Loan Applicants
- Complete the 3 steps below.
Returning Graduate PLUS Loan applicants with an URI Master Promissory Note (MPN) on File
- Complete the credit check each year – Step 1 below
- Complete the URI Supplemental Application each year – Step 3 below
- Click here to complete a credit check for a PLUS Loan. Log in using student FSA-ID and password.
-If approved, continue with Steps 2 and 3. The borrower (student) will receive the results of a borrower-initiated credit check immediately. The credit check decision will be good for 180 days.
-If denied, please review your options in your email. For more information please review the “PLUS Loan Denial Options” tab above.
- Click here to complete a URI Master Promissory Note (MPN). Log in using student FSA-ID and password.
- Click here to complete the URI supplemental Student Loan Application.
- Please note you will need to enter: your URI ID #, your Social Security Number (SSN), and your date of birth.
- Be sure to click the magnifying glass to specify Academic Year “2025”.
Plus Loan Denial Options
Option 1: Click here to appeal the credit decision with the U.S. Department of Education
- The student needs complete both of the following by clicking the links below:
- You may also appeal by calling 1-800-433-3243. Once an appeal has been submitted, the U.S. Department of Education will review and provide the student with a follow up.
Option 2: Click here to reapply with an endorser (Co-Signer)
- The student needs complete both of the following by clicking the links below:
Enter the borrower’s (student) last name and the endorser code. The endorser code was provided to the student during the original credit check. If the student does not have this code, they should contact 1-800-433-3243 for assistance.