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Complete a Direct PLUS Loan Application for parents to help you pay for your dependent undergraduate student's school expenses.
Direct PLUS Loan Application for Parents. The PLUS Loan Application allows you (the parent) to: request a Direct PLUS Loan; change the amount of a Direct PLUS Loan you previously requested; authorize how the school may use your Direct PLUS Loan funds to pay for educational expenses;
Direct PLUS Loans are available from the U.S. Department of Education (ED) to help parents pay the cost of their child’s education at a four-year college or university, community college, or trade, career, or technical school. What kinds of federal student loans are available?
The Federal Parent PLUS Loan is for parents of dependent students and is based on credit worthiness. Under this loan program, parents may borrow up to the cost of education at a particular institution minus any financial aid a student receives.
The Federal Direct PLUS Loan is an unsubsidized federal education loan for graduate students and parents of dependent undergraduate students. Students and parents can access this loan after a student exhausts eligibility for Federal Stafford Loans.
The Parent PLUS loan is a type of Direct PLUS loan that allows parents to take out a federal loan to pay for their undergraduate student's educational costs. Parent PLUS loans have a fixed...
A parent PLUS loan falls under the federal Direct Loan Program offered by the U.S. Department of Education. It’s the only student loan option directly accessible to parents for their...