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You are here: Home / Admissions / Tuition and Financial Aid / Loans / Federal Parent PLUS Loans

Federal Parent PLUS Loans

The Federal Parent PLUS loan program is a common financing option for parents of dependent undergraduate students. The Parent PLUS loan is borrowed in the parent's own name.

Federal Parent PLUS Loan:

Parents of dependent undergraduate students may borrow up to the cost of attendance minus other financial aid received. This loan is not based on financial need, however, borrowers must be creditworthy. Interest on this loan is fixed at 7.21%.


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