How to Apply

It's Quick and Easy!

Apply Online >

Welcome Lincoln University Parents!

Attention parents of undergraduate students: Click here to go to Commerce Bank’s easy, online credit pre-approval process for your Parent PLUS Loan:

Apply Online >

  • Or call 800-666-3910 for instant credit approval over the phone.
  • After receiving credit approval for your PLUS Loan, click here for our online,
    PIN-less E-sign process for signing your Master Promissory Note (MPN).

What you need to know about Parent PLUS Loan and Graduate PLUS Loans

Commerce Bank will help parent and graduate borrowers save money both up front and when you enter into repayment on your PLUS Loan.

  • Zero Default Fee: With a student loan from Commerce Bank, you pay no Default Fee! This is a 1% fee that is usually deducted from your loan funds. So you get to keep more money when you take out your student loan through Commerce Bank.*
  • 0.25% interest rate reduction when you select auto debit of your monthly student loan payments.**
  • 3.0% Origination Fee for the 2009-2010 school year. Commerce Bank charges a federally-mandated 3.0% Origination Fee that is taken out of your PLUS loan balance at disbursement.
  • Parent PLUS and Graduate PLUS borrowers: Click the Apply Online button above to access Commerce Bank’s easy, online E-Signature process for signing your Master Promissory Note. No PIN is required!
  • Deferment and forbearance options are available so that PLUS borrowers don’t have to make payments until after your child has graduated from college. No penalties for prepayment and take up to 10 years to repay.
  • Graduate PLUS borrowers must first have applied for the maximum loan amounts under the Stafford Loan program. Borrowers must also complete the FAFSA each year that they plan to apply for the Graduate PLUS Loan and they must undergo a credit check.

Helpful links for Lincoln University parents and students:

  • Does your student know how to handle money? Our Student Services Learning Center gives students helpful information about basic money management, budgeting and how to stay out of trouble with credit cards.

  • Are you familiar with the FAFSA? For Stafford Loans and Graduate PLUS Loans, students must submit this form annually. Commerce Bank’s easy “Understanding the FAFSA” (Free Application for Federal Student Aid) helps you get started.

Questions?
Whether you're just getting started or you're already part way through the process, Commerce can help. Just call, click, or come by and we'll help you through the process to find the solution that is right for you.

Disclosures:

  • To send an email that contains confidential information, please visit the Secure Message Center where there are additional instructions about whether to use Secure Email or Online Banking messaging.
  • Zero Default Fee applies to all FFELP Loans where Commerce Bank's guarantor partner agrees to pay the 1% Default Fee on behalf of borrowers. This zero Default Fee program can be changed or discontinued without notice. Any termination or modification of the program will not affect the terms of loans previously made.
  • Commerce Bank reserves the right to modify or terminate these repayment benefits at any time without notice. Benefits may be cancelled due to termination of auto-debit or delinquent accounts.