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PLUS loan

Parent Loans for Undergraduate Students. A non-need-based loan made to the parents of an undergraduate student. This loan is made from the federal government and is processed much like a consumer loan. It is dependent upon the borrower's credit rating and does not have a stated maximum amount. Parents may borrow up to the difference between education costs and financial aid received. Repayment begins two months after the loan proceeds are disbursed and must be repaid within ten years.

Related information about PLUS loan:
  1. PLUS Loans | Federal Student Aid
    Can I still receive a Direct PLUS Loan if I have an adverse credit history? ... In order to receive a Direct PLUS loan, you (or your child, in the case of parent ...
     
  2. Direct Loans—Parent PLUS Information
    Jul 19, 2011 ... Parent eligibility requirements for a Direct PLUS Loan ... Parent PLUS loan borrowers cannot have an adverse credit history (a credit check will ...
     
  3. Parent PLUS Loan
    PLUS Loans allow parents to help pay for a child's college through a fixed rate Federal loan. Learn about the terms and eligiblity requirements.
     
  4. PLUS Loan - Wikipedia, the free encyclopedia
    A PLUS Loan is a student loan offered to parents of students enrolled at least half time in eligible programs at participating and eligible post-secondary ...
     
  5. StudentLoans.gov
    Entrance Counseling; Sign Master Promissory Note; Complete PLUS Request Process; Financial Awareness Counseling; Endorse Direct PLUS Loan ...
     
  6. FinAid | Loans | Parent Loans
    These days the PLUS loan is referred to as either the Parent PLUS or Grad PLUS loan. The original name, Parent Loan for Undergraduate Students, is no longer ...
     
  7. Office of Financial Aid: Direct PLUS Loans
    The Direct PLUS Loan is unsubsidized, meaning that interest accrues while the student is enrolled at least half-time and during deferment periods. Eligibility is ...
     
  8. Direct PLUS Loans for parents
    Borrow a Direct PLUS loan · Apply for a Direct PLUS loan · Consider the alternatives to a Direct PLUS loan · Understand PLUS loan borrowing · Know PLUS ...