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  2. Student Loans: Here’s How You Can Transfer a Parent Plus Loan ...

    www.aol.com/student-loans-transfer-parent-plus...

    These loans are issued directly to parents and the interest rate for Parent PLUS Loans first disbursed on or after July 1, 2023, and before July 1, 2024, is currently 8.05%, according to Sallie Mae.

  3. Will Student Loan Forgiveness Include Parent Plus Loans? - AOL

    www.aol.com/finance/student-loan-forgiveness...

    The Hill reported in June that, according to the latest data from the Department of Education, parents of 3.6 million students owe more than $107 billion in Parent Plus loans as of March 2022.

  4. PLUS Loan - Wikipedia

    en.wikipedia.org/wiki/PLUS_Loan

    A PLUS Loan is a student loan, which is part of the Federal Direct Student Loan Program, offered to parents of students enrolled at least half time, or graduate and professional students, at participating and eligible post-secondary institutions. The original, now obsolete, meaning of the acronym was "Parent Loan for Undergraduate Students".

  5. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    Direct PLUS Loan: The direct PLUS loan is a federal loan that graduate or professional students and parents of undergraduate students can use to pay for their education. These loans can be used to help pay for education expenses not covered by financial aid. The Direct PLUS loan is not based on financial need, but credit is necessary.

  6. How Parent PLUS Loans Work: Approval, Interest Rates and ...

    www.aol.com/finance/parent-plus-loans-approval...

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  7. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    Eligible loans for the ICR Plan are all loans made under the William D. Ford Federal Direct Loan Program except Parent PLUS Loans. However, if a Parent PLUS Loan is consolidated into a Direct Consolidation Loan, then the Direct Consolidation Loan may be repaid under the ICR Plan. [2] Eligible loans for the IBR Plan are all loans made under the ...

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