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  2. Borrowing money from your home to pay for your child’s college

    www.aol.com/finance/borrowing-money-home-pay...

    This rate is fixed for the life of the loan, and is currently lower than the 8.78 percent average rate for home equity loans. But consider that Parent PLUS loans come with a loan fee of 4.228 ...

  3. SoFi Parent Loan vs. Parent PLUS Loan: Which Is the Better ...

    www.aol.com/news/sofi-parent-loan-vs-parent...

    If you’re looking for a student loan to help your child pay for college, you have two options: a private or a federal student loan. SoFi Parent Loan vs. Parent PLUS Loan: Which Is the Better Option?

  4. The parents of dependent undergraduates can use a Direct PLUS Loan, commonly referred to as a Parent PLUS loan, to borrow up to the cost of the student's attendance each year with no limit on the...

  5. 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".

  6. Federal Family Education Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Family_Education...

    The FFELP offers four types of loans: the subsidized Federal Stafford Loans, unsubsidized Federal Stafford loans, the Federal PLUS Loan for graduate students and for parents of dependent undergraduate students, and consolidation loans. [3] The main federal student loan is the Stafford Loan. There are two types of Stafford loans: Subsidized.

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

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

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  8. What to Do When a Parent Is Denied a PLUS Loan - AOL

    www.aol.com/news/parent-denied-plus-loan...

    In these cases, colleges may offer parents a federal Parent PLUS loan. This is a loan made to the parent of a qualifying student. With college tuition rising each year, finding the funds to cover ...

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

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

    For the 2021-2022 school year, the Parent Plus loan has a 6.28% interest rate plus an origination fee of 4.228%,” according to the website. Discover: Do’s and Don’ts of Dollar Store Shopping ...

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