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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. Federal student loan interest rate will rise to highest level ...

   www.aol.com/federal-student-loan-interest-rate...

   The federal student loan interest rate will be 6.53% for undergraduate students, up from 5.5% for the current year. The interest rate has not been that high on any undergraduate loans since the ...

4. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   Interest accrues during the time the student is in school. PLUS interest rates as of 2017 were 7%. [80] The parents are personally responsible for repayment. The parents sign the master promissory note and are accountable. Parents are advised to consider their monthly payments. Loan documents reflect the repayment schedule for a single year.

5. 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 ...

6. How the Fed rate changes impact student loan interest rates - AOL

   www.aol.com/finance/fed-rate-hikes-impact...

   The Federal Reserve’s actions can influence student loan interest rates. ... at 5.25-5.5 percent. However, that interest rate is only a benchmark, meaning that borrowing costs can still be high ...

7. 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.