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PLUS Loans
Parent Loan for Undergraduate Students (PLUS) is a government guaranteed student
loan program designed to help parents pay for educational expenses at
post-secondary schools. This loan may be used separately or in addition to
Stafford Loans.
What Is It?
A PLUS Loan is for parents of dependent undergraduate students. Disbursement
checks are made co-payable to the parents and the school and are sent directly
to the school.
Who Is Eligible?
Parents of dependent undergraduates or independent graduate students
enrolled in a post-secondary school.
How Much Can I Borrow?
To determine the amount that can be borrowed with a PLUS Loan, simply subtract
any financial aid received from the total cost of your child's education.
Click
here for more details or to apply for a PLUS Loan. Or, call
1-800-891-1410.
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