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Learn about Parent PLUS Loans, a federal loan program for parents of dependent students, including eligibility, repayment options, and how to apply.
- Direct PLUS Loans for Parents
Parents of dependent undergraduate students can use federal...
- Federal Parent PLUS Loans
The Federal Parent PLUS Loan is for parents of dependent...
- Direct PLUS Loans for Parents
The PLUS Loan Application allows you (the parent) to: request a Direct PLUS Loan; change the amount of a Direct PLUS Loan you previously requested; authorize how the school may use your Direct PLUS Loan funds to pay for educational expenses; designate who the school pays any credit balance to; and
Parents of dependent undergraduate students can use federal loans called PLUS loans to help pay for college or career school.
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. Repayment of a PLUS Loan begins within 60 days of final disbursement and can take up to 25 years ...
18 sty 2024 · A parent PLUS loan is an option for parents looking to fill the gap between their student's federal aid award and the remaining total cost of attendance.
16 sie 2023 · To qualify for a Parent PLUS loan, you must complete an online application, go through a credit check, and ensure your child has completed the FAFSA. Parent PLUS loans are available to all...
3 wrz 2024 · Parent PLUS loans have a fixed interest rate of 9.08% and an origination fee of 4.228%, higher than the costs of undergraduate direct subsidized and unsubsidized loans. The parent of the...
