Federal Parent PLUS Loan

The federally sponsored Parent PLUS loan is a low interest student loan for parents of undergraduate, dependent students. With a Parent PLUS loan, families can fund the entire cost of a child's education (less other financial aid).

Eligibility

• You may apply for a Parent PLUS loan to pay for the higher-education-related expenses of an undergraduate, dependent child. Parents of independent students are not eligible.
• You must be a U.S. citizen or national, a U.S. permanent resident, or eligible non-citizen.
• A credit check is required.