A loan for parents to fund a child's education.
Parents may borrow from this education loan program on behalf of their dependent children. Loans are made by lenders such as banks, credit unions, or savings and loan associations. Compare FEDERAL DIRECT PLUS LOAN.
Federal loans for parents of undergraduate students, available from lenders who participate in FFELP or the Direct Program. Parents may borrow up to the total cost of education minus any student aid awarded. Interest rate is variable, based on the 52-week Treasury bill rate as of July 1 prior to the academic year, plus 2.64%, with a cap of 9%. Loans are made without regard to financial need but borrowers must demonstrate that they do not have an adverse credit history. Repayment generally begins within 60 days of the fully disbursed loan. These loans must be repaid.
a federally regulated loan that a parent/step-parent may borrow to help cover the cost of their child's education
a loan that is made to a parent on behalf of a dependent undergraduate student to help pay for educational expenses
a low-interest, educational loan authorized by the Federal and State
a low interest rate loan for parents that can be used to help pay for the college education of a dependent undergraduate child
a parent loan to pay for the annual education of a dependent child enrolled in school at least half time
Long-term loans made available to parents of dependent students. Interest rates but may not exceed 9%. May be used to replace EFC; annual amount borrowed limited to the cost of attendance minus estimated financial assistance.
A nonsubsidized loan program for parents of undergraduate students under the Federal Education Loan Program umbrella.
A federal loan for parents of dependent undergraduates and not based on financial need. A parent can borrow as much as the cost of education minus financial aid. Repayment begins immediately.
This is a loan made through a bank, credit union or savings and loan association for the parents of dependent students. Although this is a federal program, it is administered by the state (AES/PHEAA) for parents of dependent, undergraduate students.
enables parents to borrow funds for children's educations, without passing a credit check.
A federally guaranteed loan program that allows parents to borrow funds to help pay educational expenses. The program does require the borrower to pass a simple credit check. The loan's interest rate is variable, but new loans have a maximum interest rate of 9%.
A federal loan program which provides variable interest rate loans to eligible parents of dependent students. The variable interest rate will not exceed 8.25%, 9%, 10% or 12% (depending on when the loan was originally disbursed) and is adjusted annually.
Parents may borrow this FFELP loan on behalf of their undergraduate, dependant children. Loans are made by lenders such as banks, credit unions, or savings and loan associations. Parents must not have an adverse credit history.