What is a Parent PLUS Loan?

Parent PLUS Loan

The Federal Parent PLUS Program provides loans to parents or stepparents of eligible dependent students who need additional financial assistance in meeting post-secondary educational expenses. Eligibility is not based on income. This program is intended to supplement the Federal Stafford Loan Program. Parents may borrow a maximum of the cost of education (tuition, books, room & board, and personal expenses) less other forms of financial aid.

For more information about Parent PLUS Loans, please visit the PLUS Loans web page.