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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.
The Unsubsidized Stafford Loan and Grad PLUS loans are non-need-based loans available for both undergraduate and graduate students who do not qualify for need-based financial aid. [ 16 ] Even though these loans are not subsidized, interest rates are set by Congress, the programs are closely supervised, and they provide many protections that ...
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 ...
$138,500 for graduate or professional students. Up to the cost of attendance minus aid received for PLUS loans. Up to 100% total cost of attendance. Where to apply. FAFSA form. Lender websites ...
Grad PLUS and parent PLUS loans can cover the total cost of attendance, excluding any other forms of financial aid. For the 2022-23 school year, interest rates are set at 8.05 percent. Work-study
FAFSA is a form that lets students apply for federal grants, work-study funding and student loans. Many higher education institutions also require a FAFSA to determine a student's eligibility for ...
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