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What is a Direct PLUS loan? | Consumer Financial
Jun 23, 2021 · Direct PLUS loans are federal loans that graduate or professional degree students or parents of dependent undergraduate students can use to help pay for education expenses. Direct …
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PLUS Loans: What They Are And Who They’re Best For
Aug 19, 2020 · A PLUS loan is available to graduate or professional students and parents of dependent undergraduate students. Undergraduates can take advantage of both subsidized and unsubsidized …
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Federal Student Loans Direct PLUS Loan Basics for Parents
There are no set borrowing limits for Direct PLUS Loans, but you may not borrow more than the cost of your child’s education minus any other financial aid received, such as a Direct Subsidized Loan or …
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Federal Student Aid
whether you are a dependent or independent student. If you are a dependent student whose parents are not eligible for a Direct PLUS Loan, you may be able to receive additional Direct Unsubsidized Loan …
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What is the maximum amount of a Parent PLUS loan?
The maximum amount that you can borrow under the federal Direct Unsubsidized Loan program for graduate school is $20,500 a year, with a maximum lifetime limit of $138,500. But a Graduate PLUS loan allows you to borrow up to the cost of attendance, minus any other financial aid received.
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Are Parent PLUS loans federal?
A:Government Parent Plus Loans are loans which are extended to the parents of a dependent individual who wishes to seek federal financial assistance. This program was initiated to facilitate the parents of dependent students.
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