PLUS Loans                          <<< Back

 

PLUS funds cover the total cost of education -- including tuition and fees, room and board, books and supplies, transportation cost, and living expenses.

Eligibility:
U.S. citizen or permanent resident. Parent
of full- or half-time. undergraduate student.
No adverse credit history.

PLUS: Loans for parents of undergraduate students. Available to parents regardless of income or assets.       
Requires no collateral (unlike a home equity loan)

Flexible repayment options

For many parents, interest is tax deductible.

Loan limits:
Up to the total cost of the student's education less 
other aid received.

 

 

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