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What is Federal PLUS (Parent Loans for Undergraduate Students) Program?

April 26, 2017Federal Loans parent Plus program students undergraduate

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What is Federal PLUS (Parent Loans for Undergraduate Students) Program?

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This program provides low-interest federal loans to credit-approved parents of eligible undergraduate students. Repayment begins 60 days after loan funds are disbursed. Loans are available from participating banks, lending institutions and participating Direct Lending schools.