Graduate Plus Loan Entrance Interview

Graduate Plus Loan Entrance Interview

If you are a student who is interested in borrowing under the Federal Graduate Plus Loan program AND the following conditions apply to you, you must complete an Entrance Interview.

• You have never borrowed under the program previously, OR
• You have borrowed under the program previously but NOT while attending Ithaca College.

Completion of the entrance interview via the Internet is easy and will take about 15 minutes. Here's what you should do:

1. If you haven't already done so, complete your Ithaca College Graduate Plus Loan Request Form (GLRF). The GLRF is the document to tell us what lender and guarantor you wish to use. Your GLRF is submitted to the Office of Student Financial Services.
2. You'll need some information handy to type in to the web site: your social security number, your permanent address, and your driver's license number (if you have one).

Federal regulation requires that you are presented with the Average Graduate Plus Loan Indebtedness for the Ithaca College Class of 2008. This information is based on a survey of Graduate Students who have borrowed under the program.

Average total Graduate Plus Loan Indebtedness: $9,075

Average estimated monthly Graduate plus Loan payment (based on 120 months):

Interest Rate	Monthly Payment	Total Interest Paid	Total Interest/Principal Paid
$8.50%	$114	$4,460	$13,603

Begin the Graduate Plus Loan Entrance Interview