The Department of Education makes Direct PLUS Loans to eligible parents through schools participating in the Direct Loan Program. (We also offer PLUS loans for graduate or professional students.) A Direct PLUS Loan is commonly referred to as a parent PLUS loan …Apply for a PLUS Loan for Parents. Use the Direct PLUS Loan Application to apply for a Direct PLUS Loan as a parent to help pay for your student's school expenses (a "parent PLUS loan"). You can also authorize the school to use funds to satisfy other educationally-related charges, request a deferment, or change the loan amount specified in a 19/04/2021 · A parent or legal guardian of a dependent undergraduate student can apply for a Parent PLUS loan. First, you have to fill out the Free Application for Federal Student Aid, or FAFSA, for the academic year when you want to borrow. You can then apply for a PLUS loan. Parent PLUS loan eligibility requires that you:The federal direct Parent PLUS loan is a credit-based loan that the parent(s) of dependent undergraduate students may borrow to help pay educational expenses. The parent borrower may borrow up to the total estimated cost of attendance minus any other financial aid received. UMBC includes the Parent PLUS loan as part of eligible students’ initial […]Federal Direct Parent PLUS Loan The Direct Parent PLUS loan is a federal loan available to the parents of dependent undergraduate students. The Direct Parent PLUS Loan offers flexible loan limits and a fixed interest rate for the 2021-22 school year. Eligibility is determined by the applicants credit Direct Parent PLUS Loan | Penn State Office of The Parent PLUS Loan Application in 6 Easy Steps | Student Parent PLUS Loans: What You Need to Know | US NewsFederal Direct Parent PLUS Loans - Financial Aid and Parents of undergraduate students may borrow a Federal Direct Parent Loan for Undergraduate Students (PLUS) to help cover educational expenses their student may incur while attending college. The 2020-21 interest rate for PLUS loans is fixed at What are Parent PLUS Loans? Parent PLUS Loans are unsubsidized federal loans that parents of dependent undergraduate students can use to help pay for educational expenses not covered by other financial aid. 2. What are benefits of a Parent PLUS Loan? Some of the benefits of a Parent PLUS Loan include: • Fixed interest rate
