Who can take out a direct PLUS loan

There are two types of Direct plus loans:

1. Grad Plus loans allow the graduate and professional students to borrow money to pay fir their own education. Graduate students can borrow Grad Plus loans to cover any cost not already covered by other financial aid or grants, up to the full cost of attendance.

2. parent Plus Loans allow the parents of dependent students to borrow money to cover any cost not already covered by the students financial aid package, up to the full cost of attendance.

An undergraduate student's biological or adoptive parents (APEX)