Loan Types
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0.25% ACH Benefit |
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Interest-only payment option |
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Make no in-school payments with a forbearance |
Federally sponsored, the Parent PLUS Loan is available for parents of undergraduate,
dependent students. The PLUS loan is a loan parents take out on behalf of
their son or daughter to fund the cost of the student's education.
For greatest advantage, be sure your dependent student first maximizes their Federal Stafford Loan borrowing.
The interest rate is fixed at 8.5%.
All terms are subject to change.
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