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Parent Loan for Undergraduate Students (PLUS) Loans available to parents of dependent students. The amount parents may borrow is determined on an individual basis, based on the student's total cost of education minus any other financial aid received. Interest is fixed at 8.5%. Repayment begins 60 days after the final disbursement. If the parent is denied the PLUS loan, the student then becomes eligible to borrow additional funds through the Stafford loan program. Click here to compare Parent Plus versus Alterative Loan. **1% Federal Default Fee charged by the guarantee agency, which is deducted from the loan funds before they are disbursed to the school. ** Click here to apply.
FAFSA Online $ Paying for College $ Tuition Costs $ Scholarship Day $ Scholarship Applications $ Securing your Financial Aid Campus Visit Days $ Parent Plus Loan Process $ Alternative Loan Applications $ Financial Aid Forms Available Work-Study Positions $ Exit Counseling
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