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  2. Borrowing money from your home to pay for your child’s college

    www.aol.com/finance/borrowing-money-home-pay...

    But consider that Parent PLUS loans come with a loan fee of 4.228 percent, a one-time fee deducted from the initial disbursement of funds. ... FAFSA Application: Parents can complete the Free ...

  3. PLUS Loan - Wikipedia

    en.wikipedia.org/wiki/PLUS_Loan

    A PLUS Loan is a student loan, which is part of the Federal Direct Student Loan Program, offered to parents of students enrolled at least half time, or graduate and professional students, at participating and eligible post-secondary institutions. The original, now obsolete, meaning of the acronym was "Parent Loan for Undergraduate Students".

  4. Student Loans: Here’s How You Can Transfer a Parent Plus Loan ...

    www.aol.com/finance/student-loans-transfer...

    Parent Plus loans -- also known as a Direct PLUS Loan -- are issued by the federal government and let parents of dependent students borrow funds to help pay for a student's college or career ...

  5. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    Direct PLUS Loan: The direct PLUS loan is a federal loan that graduate or professional students and parents of undergraduate students can use to pay for their education. These loans can be used to help pay for education expenses not covered by financial aid. The Direct PLUS loan is not based on financial need, but credit is necessary.

  6. Federal Family Education Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Family_Education...

    The FFELP offers four types of loans: the subsidized Federal Stafford Loans, unsubsidized Federal Stafford loans, the Federal PLUS Loan for graduate students and for parents of dependent undergraduate students, and consolidation loans. [3] The main federal student loan is the Stafford Loan. There are two types of Stafford loans: Subsidized.

  7. There's a new FAFSA in 2024. Here's what college students and ...

    www.aol.com/theres-fafsa-2024-heres-college...

    The federal financial aid form looks different in the 2024-25 school year. Here's what college students and parents need to know about the new FAFSA. ... that you get through FAFSA − which is ...

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