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  2. 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.

  3. 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".

  4. 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.

  5. Student financial aid in the United States - Wikipedia

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

    The following types of federal financial aid are available to graduate and professional students. Aid for these students is primarily loans. The William D. Ford Federal Direct Loan (Direct Loan) Program: Eligible students may borrow up to $20,500 per school year.

  6. The Complete Guide To Paying For College in 2022

    www.aol.com/finance/complete-guide-paying...

    Direct PLUS loans for parents: Parents who want to take out a federal student loan for their child's education can apply for Direct PLUS loans. To do so, you must fill out a Direct PLUS Loan ...

  7. Student loan forbearance vs. deferment: Key differences and ...

    www.aol.com/finance/student-loan-forbearance-vs...

    Parent PLUS borrower deferment for parents who received a Direct PLUS Loan to pay for their child’s education, and the student is enrolled at least half-time at an eligible college or career school.

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