The average rate of a Federal Direct Parent Plus Loan and Federal Direct Plus Graduate Loan is now 7.9%. This rate is fixed for the life of the loan and cannot exceed 8.25%.
There are loans available that are for the purpose of helping parents pay the cost of putting a child through collage. The loan is called a Parent Plus Loan and the Parent Plus Loan website offers the ability to secure this type of loan for those that apply and are accepted for it.
plus mod balance in bank loan is the money who pay on the bank that you loan with interest rate and original cost.
Information on Graduate Plus Loan can be found in a variety of places. Graduate Plus Loan information can be found at a student aid website, or simply on forums.
Parent didn't sign Masters Promissory note so it is technically not the parent's loan or responsibility right? Because of this, can a Direct PLUS loan get transferred to the child if a mistake was made in the loan process?
PLUS
It is called a PLUS loan in the U.S.The financial aid office at the student's school can tell you what lenders offer PLUS loans
PLUS loans are available for graduate and professional degree students who are enrolled at a minimum of half time. Parents of dependent undergraduate students are also eligible for a PLUS loan.
A bank?
yes
What's the student's age limit for Sallie Mae PLUS loan?
term loan:)