Parent PLUS Loans

— Summary Information —

Parent PLUS Loans are government guaranteed, fixed rate loan that covers up to 100% of your dependent child's undergraduate education, less any financial aid awarded the child:

• uses: designed to pay for education-related expenses as certified by the institution
  
  
• amount: eligible to borrow up to 100% of the cost of education minus any financial aid received
  
  
• no restrictions: does not require collateral; no prepayment penalties
  
  
• approval requirements: satisfactory credit history required
  
  
• terms: repayment begins 60 days after disbursement
  
  

PLUS Loans are available to all qualified borrowers regardless of their financial situation.

Borrowers must pass a credit check in order to qualify. PLUS Loans do require your filing the FAFSA form.

Where to Next:

 

start your PLUS Loan Application

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more information about parent PLUS loans other points of interest: view financial aid steps FAFSA form filing current PLUS loan rates view loan options for parents

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manage your student funds electronically