Investopedia

Continue to Site »

PLUS Loan

Filed Under » , , , , , ,
Dictionary Says

Definition of 'PLUS Loan'

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.
Investopedia Says

Investopedia explains 'PLUS Loan'

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.

Articles Of Interest

  1.

    Avoid The Generation Debt Trap

    There is a worldwide generation of young, educated individuals mired in unmanageable debt. Find out why.

  2. College Loans: Private Vs. Federal

    Not all student loans are the same. Know what you're getting into before signing on the dotted line.

  3. Budgeting While You're In College

    Test your money management skills as you work your way through university.

  4. Student Loan Debt: Is Consolidation The Answer?

    Consolidating your student loans offers convenience, but there are drawbacks.

  5. You CAN Afford To Study Abroad

    Before you jump on the plane, understand the rules and regulations in place. Then, enjoy your time studying aborad!

  6. Student Financial Aid Changes: FAFSA 2009

    The Free Application for Federal Student Aid got an upgrade in 2009. All those applying should be aware of these improvements.

  7. All About Student Loans

    Student loans bridge the gap between college savings, scholarships and the part-time work.

  8. Free Financial Counseling Programs For Students

    Learning to manage your money is no easy task, but there are plenty of resources designed especially to help.

  9. Pay For A College Education With Retirement Funds

    These savings vehicles may be better than college saving funds for some families.

  10. Financial Designations That Employers Require

    We break down the designations that are important to have if you want to work in the financial sector.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  2. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.

  3. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.

  4. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.

  5. Icarus Factor

    The term Icarus factor describes a situation where managers or executives initiate an overly ambitious project which then fails. Fueled by excitement for the project, the executives are unable to reign in their misguided enthusiasm before it is too late to avoid the failure.

  6. Angelina Jolie Stock Index

    An index made up of a selection of stocks from companies associated with actress Angela Jolie.
Trading Center