### Question
How is the "eligible Federal PLUS Loan" defined?


### Answer
The term **eligible Federal PLUS Loan** is defined in *20 U.S.C. § 1099d* as follows -

> a loan described in section 1078–2 of this title made to a parent of a dependent student who is a new borrower on or after July 1, 2009

#### Citation:
  - *20 U.S.C. § 1099d*
  - Heading: **CHAPTER 28-HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE > SUBCHAPTER IV-STUDENT ASSISTANCE > Part I-Competitive Loan Auction Pilot Program**

