Complete the Federal Direct Parent PLUS Loan Application on the Forms section of this site and fax it to Financial Aid Services.
If the PLUS loan is approved, the parent borrower must complete a PLUS Loan Master Promissory Note at: studentaid.gov.
For more information regarding the Federal Direct Parent PLUS Loan, visit studentaid.gov or contact Financial Aid Services at (413) 545-0801.
MEFA is a nonprofit state authority offering low fixed interest rate loans to families of students attending Massachusetts colleges or universities. The MEFA loan can be used to cover all or part of the amount due to the university. When parents want to help finance a student’s education, the MEFA Undergraduate Loan is an excellent loan program. MEFA loans are disbursed directly to the school in two installments. Please visit www.mefa.org for 2023-2024 rates.
Current Fixed Interest Rate Ranges: 4.89% - 6.89% APR
Apply online for a MEFA Undergraduate Loan at: www.mefa.org, or call 1-800-449-MEFA (6332).
Before considering private loan options, you should apply for federal, state and institutional financial aid, including federal student loans. Students considering educational private loans should apply only after they have applied for financial aid and received notification from the Financial Aid Office. Go to studentaid.gov for more information.
Financial Aid Services at the University of Massachusetts Amherst strongly https://fafsa.ed.gov/recommends that you fully research the alternative loan program and lender that best suits your financing needs. Please compare the benefits and costs of several alternative loan programs before you apply. To get the best interest rate and terms apply with a credit-worthy cosigner. To find out how to apply for an alternative loan visit the lender's website.
Visit the Alternative Loan Options page to explore links to several alternative educational loans for students and parents.