Direct PLUS Loan Graduate or professional 9.08% As for private student loans, rates vary by lender and can be fixed or variable. While a fixed rate won’t change through the life of the loan, a variable rate can fluctuate based on market conditions. You’ll also typically need good ...
Direct PLUS Loan A federal student loan that requires a credit evaluation and is available to graduate students and parents of dependent undergraduate students. Direct Stafford Loan A federal student loan that was available to most students from 1965 to 2010. Stafford Loans, also known as FFEL Lo...
Parent PLUS loans: Up to the school’s reported cost of attendance, minus other financial aid received. Private student loan amounts Loan amounts forprivate student loansvary by lender. Each lender also sets its own borrowing criteria, interest rates and repayment terms. In general, private stud...
Parent PLUS loan borrowers aren't eligible for income-driven repayment plans. However, if they consolidate their loans using a federal Direct Consolidation Loan they can qualify for theIncome-Contingent Repayment Plan (ICR). Teacher Loan Forgiveness Are you a teacher working in a low-income school...
Apply for a student loan today. Whether studying online or on campus, Sallie Mae's student loans can help cover up to 100% of college or graduate school costs.
While most government loan types qualify, you can’t combine your own student loans with Parent PLUS loans that you took out for your children. The government also requires that you’re either out of school or not currently taking a half-time or higher course load. Additionally, if you’ve...
Unsubsidized Stafford loans.These loans, which aren’t awarded based on need, incur interest while a student is in college, though the interest can be added to the loan balance if a student is still attending school. Students often end up with a mix of subsidized and unsubsidized loans. To...
Federal Direct Stafford Loan Federal PLUS Loan (education loans for graduate students and parents) Perkins Loan Parent PLUS Loan Grad PLUS Loan Grants Work-Study Programs Receiving Your Federal Loan Generally, you will receive your loan money in at least two payments called disbursements, and in mo...
PLUS Loans from the Federal Family Education Loan (FFEL) Program Parent Loans for Undergraduate Students Subsidized Federal Stafford Loans Supplemental Loans for Students Unsubsidized and Nonsubsidized Federal Stafford Loans Should you consolidate your student loans?
If you need to borrow more than that, one option is a federal direct PLUS Loan. PLUS loans areintended for the parentsof undergraduates (as well as for professional and graduate students). PLUS loans have higher limits—up to the full cost of attendance minus any other aid the student rece...