A low-cost student loan offered to parents of students currently enrolled in post-secondary education. With a PLUS Loan, the parent borrows money on the student's behalf. To be eligible for a PLUS Loan, a student must be enrolled at least part-time, and the parent has to pass a standard credit check.


The major benefit of a PLUS Loan is that the parent can borrow the entire amount the student needs for his or her education. This includes housing, tuition and other related expenses. Another notable benefit is that the borrower does not have to demonstrate financial need to be eligible for the loan.

  1. Federal Supplemental Educational ...

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  2. Perkins Loan

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  3. College Level Examination Program ...

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  4. Tuition Insurance

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  5. Student Loan Interest Deduction

    A tax deduction for interest paid on higher education loans during ...
  6. Full-Time Student

    A status that is important for determining dependency exemptions. ...
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