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What are the main differences between a PLUS loan and an alternative loan?

April 26, 2017alternative differences loan main Plus

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What are the main differences between a PLUS loan and an alternative loan?

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• The PLUS loan is in the parents´ name and payment usually starts after the second disbursement. Upon request, payment deferment privileges may be available with some restrictions. • The alternative loan is a student loan with a cosigner with repayment starting six months after graduation.