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22 lis 2023 · Parent Plus loans — also known as a Direct PLUS Loan — are issued by the federal government and let parents of dependent students borrow funds to help pay for a student’s college or...
8 lut 2023 · Direct PLUS Loans for parents, more commonly referred to as parent PLUS loans, are the only type of federal student loan available to parents of college students. They are similar to...
28 sie 2024 · A Direct Parent PLUS Loan is a federal loan designed to help parents cover their dependent undergraduate child’s education costs. The current interest rate for a parent-plus loan is 7.54%, which is higher than other federal student loans.
Direct PLUS Loans are available from the U.S. Department of Education (ED) to help parents pay the cost of their child’s education at a four-year college or university, community college, or trade, career, or technical school.
Federal Direct PLUS Loan for Parents. Through the federal government’s PLUS program, parents of dependent undergraduate students can borrow up to the student’s cost of education minus the financial assistance awarded to the student. No demonstration of financial need is required for the loan.
Complete a Direct PLUS Loan Application for parents to help you pay for your dependent undergraduate student's school expenses.
The Federal Parent PLUS Loan is for parents of dependent students and is based on credit worthiness. Under this loan program, parents may borrow up to the cost of education at a particular institution minus any financial aid a student receives.
