Parent Plus Loan Disbursement Date 2025. For each direct loan that a school disburses to a student or parent, the school must submit a loan award record to the cod system that includes the student’s grade level,. $22,000 first year, $5,000 second year $15,000 for tuition and equipment charged up front.

Interest is charged on the loan from the date the first. However, a few circumstances allow a.