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Graduate PLUS is a type of federal student aid, in the form of student loans, which is available to graduate and professional students. [1] Similar to the Parent PLUS loan for parents of dependent undergraduate students, the Graduate PLUS loan is an unsubsidized federally guaranteed education loan with no annual or aggregate limits.
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".
Direct PLUS loans. Direct PLUS Loans are available to graduate or professional students or parents of dependent undergraduate students to help pay for education expenses. Direct PLUS Loans (also ...
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 ...
Direct PLUS Loans: PLUS Loans are offered to graduate students and parents of dependent undergraduate students, and they’re the only type that doesn’t have a dollar-amount cap on how much you ...
Student loan administrative forbearance has been extended until Jan. 1, 2023. This is the seventh reprieve for federal student loan borrowers. ... Parent and Graduate Plus loans and consolidation ...
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