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Complete a Direct PLUS Loan Application for parents to help you pay for your dependent undergraduate student's school expenses.
Direct PLUS Loan for parents - Federal Student Aid ... Loading... ...
Direct PLUS loans can help pay for education expenses not covered by other financial aid. The U.S. Department of Education makes Direct PLUS Loans to eligible parents through schools participating in the Direct Loan Program. (We also offer PLUS loans for graduate or professional students.)
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.
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 direct PLUS loan is a federal student loan that can be taken out by parents to help pay for their child’s college education, or by graduate and professional degree students.
A parent PLUS loan falls under the federal Direct Loan Program offered by the U.S. Department of Education. It’s the only student loan option directly accessible to parents for their...
The Parent PLUS loan is a type of Direct PLUS loan that allows parents to take out a federal loan to pay for their undergraduate student's educational costs. Parent PLUS loans have a fixed...
Federal Parent PLUS Loans. What Are Federal Parent PLUS Loans? Federal Parent PLUS Loans are loans taken out by parents of dependent undergraduate students, enrolled at least half-time, to help pay for their child’s college expenses. Parents are responsible for repaying Parent PLUS loans.
Parent PLUS loans have the highest interest rates and fees of all other loans offered at the federal level. For the 2022-23 school year, direct subsidized and unsubsidized loans for...