The Federal Direct Parent Loan for Undergraduate Students (PLUS) is a non-need based loan available to parents of dependent students. There is no established annual maximum a parent may borrow on behalf of each dependent child; however, the loan amount cannot be greater than the difference between the student’s cost of attendance and his or her other estimated financial aid. There are no lifetime borrowing limits in the Direct PLUS program. Direct PLUS borrowers are subject to a credit check to determine credit worthiness.