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  2. What happens to your loan debt after you die? - AOL

    www.aol.com/finance/what-happens-to-loan-debt...

    Parent PLUS loans Because these are loans taken out in the parents’ name for the benefit of a child, they can be discharged when the parent or the child dies.

  3. PLUS Loan - Wikipedia

    en.wikipedia.org/wiki/PLUS_Loan

    The repayment schedule for Direct PLUS Loans disbursed on or after July 1, 2008 is the same as the schedule for Stafford loans. [1] [2] However, for Direct PLUS Loans first disbursed before July 1, 2008, the repayment period begins at the time the PLUS loan is fully disbursed, and the first payment is due within 60 days after the final ...

  4. What happens to your debt after you die? How to protect your ...

    www.aol.com/finance/happens-debt-die-protect...

    Federal student loans are generally forgiven upon the borrower’s death. Some private student loan companies forgive loans if the student dies. Check with your loan servicer if you are unsure.

  5. Federal Direct Student Loan Program - Wikipedia

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

    In a parent PLUS loan, the parent can authorize the school to use the loan for other educationally related charges after tuition and room and board. [ 11 ] Direct Subsidized : A direct subsidized federal loan is for eligible students to cover costs at a four year institution, community college, or vocational school.

  6. Student financial aid in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_financial_aid_in...

    Parent loans allow parents to take out student loans, the repayment of which will be their responsibility. The parents use these loans to pay for educational expenses on behalf of the student. For undergraduate students, there is the parent loan for undergraduate students or PLUS Loan. This loan allows parents to borrow up to the total cost of ...

  7. I’m a Parent With Student Loans for My Kid — Can I ... - AOL

    www.aol.com/m-parent-student-loans-kid-230030377...

    Refinance by taking out a new loan with more favorable terms, or, if your parent loan allows repayment before interest kicks in, do what you can to pay the original loan off as quickly as possible.

  8. 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.

  9. Laid off and can't pay for college? Don't get a Parent PLUS loan!

    www.aol.com/news/2009-01-05-laid-off-and-cant...

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