The Federal Direct PLUS loan is a low-interest federally funded loan for parents of dependent students and for graduate students.PLUS Loan Request Form PLUS Loans are available to parent borrowers for dependent students.The Direct PLUS (Parent) Loan is available to parents of dependent, undergraduate students who are attending at least half-time (6 units) each.If eligible, a student will be awarded an Estimated Credit-Based Loan on their Financial Aid Award.Borrowers who demonstrate financial need may qualify for a Direct Subsidized Loan.Direct PLUS loans enable the parents of dependent undergraduate students, and independent graduate students, with good credit histories to borrow up to the student.
Direct PLUS loans are processed through our financial aid office.Florida Atlantic University Office of Student Financial Aid 2015 -2016 Federal Direct Parent PLUS Loan Addendum Boca Campus Davie Campus Jupiter Campus.
We recommend that parents consider the Federal Direct PLUS Loan before turning to other.
More than 90 percent of our students receive financial aid,.The Federal Direct Graduate PLUS Loan is a federal loan that enables graduate and professional students with good credit histories to help meet educational expenses.
The decision becomes whether to borrow a Direct Parent PLUS Loan or a private.Parent Plus Loans: Frequently Asked Questions New federal rules mean rates could change each year for new loans.
Funds for these loans come from the federal government for parents of.
You are responsible for repaying these funds according to the information contained in the promissory note.
Compared to other loan programs, their interest rate is lower.A Direct PLUS Loan is a Parent Loan for Undergraduate Students.Interest Rate is 6.84% (For Direct PLUS Loans first disbursed on or after July 1, 2015 and before July 1, 2016).Think carefully before borrowing a Parent Direct PLUS Loan for your college student or co-signing on an education loan.
Federal Direct PLUS Loan Application and Master Promissory Note William D.Features of Parent Plus Student Loan Parent Plus loans have a fixed rate of interest.The Federal Direct Parent PLUS Loan for Undergraduate Students enables a parent to borrow a Parent PLUS Loan for his or her dependent.A federal Direct PLUS (Parent Loan for Undergraduate Students) loan enables birth, adoptive, or step-parents of dependent undergraduate students to help pay for their.