Parent PLUS Loan

Parent PLUS Loan

The Parent PLUS Federal Loan is actually for the biological parent, custodial stepparent (if information ended up being reported from the FAFSA), or adoptive parent of a reliant undergraduate student. A moms and dad can borrow the total estimated price of attendance (without the pupil’s total monetary aid). Each must complete a separate Federal Direct Parent PLUS Loan Request Form and Master Promissory Note (MPN) if more than one parent wishes to borrow a Parent PLUS Loan for the same student. Continue reading “Parent PLUS Loan”