Parent PLUS Loans
Do you need help paying for your child's college education? The Federal Parent PLUS Loan provide affordable financing to parents and guardians with good credit to cover educational expenses.
PLUS Loan funds can be used for tuition, school supplies, housing, and more.
What student loan options do parents have?
While student loans are a helpful way to pay for college, make sure your child exhausts their scholarship options first. We'll help you get started with our free college scholarships program, Scholarship Points, and our college scholarship search site, Student Scholarship Search.
After you have exhausted all scholarship resources, it's time to apply for federal student loans such as the Stafford loan and Federal Parent PLUS loan. For more detailed information on the PLUS Loan, view rates, benefits and FAQs. If federal financial aid and scholarships aren't enough, you can investigate private student loans, which are non-need based, credit-based loans for students.
Federal PLUS Loans as an Alternative Option
The Federal PLUS Loan provides parents with an alternative option for paying for their child's education. The benefits of the PLUS loan include a low fixed rate and favorable repayment terms. Some parents do not like the fact the the loan is in the parents name and therefore look for other options. Compare student loans and make sure you choose the right loan for your needs.
Graduate students can apply for a Graduate PLUS loan to cover tuition, books, supplies, housing expenses and more.
May 10 2013 - To help you decide if this is a good option for your family, take a look at the following tips on applying for and managing your Parent PLUS Loan.
Apr 16 2013 - To help families through this award letter season, here is a breakdown of how and when to accept—or apply for—all types of student loans.
Read the latest Parent student loan news »