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Does the Graduate PLUS program replace the existing Parent PLUS program?

April 26, 2017existing graduate parent Plus program replace

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Does the Graduate PLUS program replace the existing Parent PLUS program?

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• No, the federal PLUS program has simply been expanded to make loans available to graduate-level students, which they may borrow on their own behalf. Parents of undergraduate, dependent students may still borrow from the existing federal PLUS program for their dependent child(ren).