|
T.H.E.
FEDERAL Graduate PLUS Loan |
|
Total Higher Education (T.H.E.) Loan Programs offers graduate
students an additional resource to help them meet their
education financing needs: the T.H.E.
Graduate PLUS Loan.
Schools told us to keep it simple,
so...
The T.H.E.
Federal Graduate PLUS terms currently are:
- 3% Origination Fee (regulations prohibit
lenders from paying the 3% origination fees for Graduate PLUS)
- Fixed 8.5% interest rate
- Borrower up to the cost of education minus other
financial aid
- Up to 25 years for repayment
- Automatic in-school deferment when enrolled at least half time
|
|
T.H.E. Federal Graduate PLUS Loan
Program |
|
Origination Fee: |
3% |
|
Default Fee: |
0% - 1% depending upon guarantor |
|
Interest
Capitalization: |
Once, when you begin repayment |
|
Interest Rate: |
FIXED 8.5% for the life of
your loan |
|
Annual & Aggregate
Loan Limits: |
Cost of education minus other aid |
|
Grace Period: |
Deferments and forbearances available |
|
Repayment Term: |
Up to 25 years |
|
|
|
|
|
Graduate PLUS - Student Information
