Enable parents with good credit histories to borrow money to pay the education expenses of each child who is a dependent undergraduate student enrolled at least half time. The yearly limit is equal to your cost of attendance minus any other financial aid for which you are eligible. Interest is variable but will never exceed 9 percent. Payment begins within 60 days of final loan disbursement.
Parents can borrow a PLUS Loan to help pay education expenses for a dependent undergraduate student enrolled at least half time in an eligible program at an eligible school. PLUS Loans are available through the Federal Family Education Loan (FFEL) Program and the William D. Ford Federal Direct Loan (Direct Loan) Program.
Federal loans guaranteed by the federal government and processed according to DOE regulations. The Federal PLUS loan requires that the student be a dependent of the person filing for the loan.
These loans are made to parents of dependent undergraduate students based on credit worthiness, not financial need. Parents may borrow up to the total cost of education, minus any financial aid received by the student. The first payment is due within 60 days after the loan is fully disbursed.
See Parent Loans for Undergraduate Students.
loans made to parents to help pay college expenses.
PLUS loans are higher education loans guaranteed by the federal government. They are available to parents of students who are attending college. The Federal PLUS loan requires that the student be a dependent of the person filing for the loan.
Federally-guaranteed unsubsidized loans issued to parents for educational expenses incurred by their children. PLUS loans disbursed to graduate and professional students on or after July 1, 2006, qualify for LRP repayment. PLUS loans to parents do not qualify.
Federally insured loans for parents of dependent students.
Parent Loan for Undergraduate Students - a low interest loan available to parents to pay for their children's education. more info ...
This is an unsubsidized federal loan for parents or legal guardians of dependent undergraduate students. This loan allows parents to borrow all or some of the difference between financial aid received and the cost of attending the school, including room, board, and other charges. The PLUS is not based on need, so the FAFSA is not required.
Government-subsidized loans that are limited to the cost of education. Parents do not need to demonstrate need. Interest rates can vary.
This loan type is for natural or adoptive parents or stepparents (in some cases) of eligible dependent undergraduate students and eligible graduate or professional students themselves enrolled at least half time to finance their own education.
Parent Loans for Undergraduate Students (PLUS) are federal loans available to parents of undergraduate students to help finance the student's education. Parents may borrow up to the full cost of their children's education, less the amount of any other financial aid received.
Loans made to qualifying parents of dependent undergraduate students enrolled at least half time at a participating school. Federal Plus Loans are available through the Direct Loan Program and the Federal Family Education Loan Program (FFEL).
These federal loans allow parents to borrow money for their children's college education.
Federal loans available to parents of dependent undergraduate students to help finance their child's education. Parents may borrow up to the difference between education costs and financial aid received from a bank or other lending institution.
Parent Loans for Undergraduate Students. If your parents want to borrow funds to help pay for your education, they may borrow up to the difference between your educational costs and other financial aid each year from a bank or other lending institution through this program.
Parents of dependent undergraduate students and, starting in fall 2006, graduate students can borrow up to the entire cost of attendance, less other aid. Loans made before June 30 will vary with treasury rates. Congress set a higher fixed rate for all loans made after July 1, 2006.