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What is the repayment term for a PLUS loan?

April 26, 2017loan Plus repayment term

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What is the repayment term for a PLUS loan?

1 Answer

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10 Posted

Normally, a PLUS loan is paid over a term of 10 years. Repayment is scheduled to begin within 60 days of the last loan disbursement. At this stage, you are eligible to consolidate your loans and lock in low interest rates in order to save money.