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17 cze 2024 · The Federal Direct PLUS Loan is an unsubsidized federal education loan for graduate students and parents of dependent undergraduate students. Students and parents can access this loan after a student exhausts eligibility for Federal Stafford Loans.
The repayment period for a Direct PLUS Loan begins immediately after you’ve received the last disbursement of the loan, while your child is still in school.
Direct PLUS Loan: The direct PLUS loan is a federal loan that graduate or professional students and parents of undergraduate students can use to pay for their education. These loans can be used to help pay for education expenses not covered by financial aid.
The repayment period for each Direct PLUS Loan made under this MPN begins on the date of the final disbursement for that loan. This means that the repayment period for each loan you receive under this MPN will begin on a different date.
Repayment begins within 60 days of the final loan disbursement, unless you choose to postpone repayment while the student is in school at least half-time. Choose from a variety of repayment options. Interest-only payments are available when the student is enrolled in school at least half-time.
13 cze 2024 · The Federal Direct Parent PLUS Loan is available to the eligible parent(s) of dependent undergraduate students to help pay for educational expenses not covered by other financial aid. Eligibility is not based on financial need, but a credit check is required.
Direct PLUS Loans: made to graduate or professional students, and parents of dependent undergraduate students to help pay for education expenses not covered by other financial aid. Eligibility is not based on financial need, but a credit check is required.
