When it comes to paying for college, you're making a wise choice when you choose Indiana University Kokomo. But, it's still a good idea to learn and be informed about your personal financial aid situation. In the Office of Financial Aid and Scholarships, we want you to feel informed and confident about your financial aid choices. Understand the difference between a private student loan and a federal student loan? Have other questions or concerns about your financial aid? Check out the links below or reach out to our friendly and knowledgeable staff any time.
Understanding student loans
Federal Direct PLUS Loans
If you’re a graduate student, you can apply for a Federal Direct Graduate PLUS Loan to pay for your own education.
You don’t have to show financial need to apply for a Federal Direct PLUS Loan, but you must fill out a FAFSA and PLUS loan application each year and meet the eligibility requirements.
- Starting July 1, 2026, the Grad PLUS loan will no longer be available for new borrowers. Summer 2026 students may still receive the current Grad PLUS loan if their loan funds are disbursed before July 1, 2026. To learn how FAFSA and loan changes may affect you and to explore other financial aid options, visit the FAFSA & Financial Aid Eligibility Changes