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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 FFELP offers four types of loans: the subsidized Federal Stafford Loans, unsubsidized Federal Stafford loans, the Federal PLUS Loan for graduate students and for parents of dependent undergraduate students, and consolidation loans. [3] The main federal student loan is the Stafford Loan. There are two types of Stafford loans: Subsidized.
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 ...
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.
Federal student loan interest rates are fixed for the life of the loan; however, the rates for new loans will change annually, based on the current market. The interest rates for the 2013–2014 academic year are as follows: 3.86% for undergraduate Stafford Loans (both subsidized and unsubsidized) 5.41% for graduate Stafford Loans [6]
Plus, other limited-time deals to scoop up from Ulta's Big Holiday Beauty Sale that are perfect for stocking stuffers, Secret Santa gifts and more. This anti-aging Estée Lauder SPF foundation is ...
At least 592 cases were reported after the alert was first raised by Congo's health ministry on Oct. 29. The ministry said the disease had a fatality rate of 6.25%.
Master of Laws (LL.M.) is a graduate law degree, pursued after earning a first degree in law within the U.S. or abroad, such as a LL.B. or J.D. The LL.M. program typically lasts one year if taken full-time. For foreign law graduates, the LL.M. is similar to a 'study abroad program' and offers a general overview of the American Legal System.