The Future

Saving For Education

What is a PLUS Loan for Parents?

A PLUS Loan enables parents of dependent students to seek financial aid in the form of a low-interest loan to help fund their dependent’s education. Parents must meet certain eligibility requirements in order to receive the aid, and as with many of these loans, only the amount of the educational expense (minus any other financial aid you might already have) will be the maximum allowed for the loan.



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