5.6 Student Loans: Direct Plus Loan


up next we’ve got PLUS loans. These are
typically made out to graduate or professional students however parents of dependent
undergraduate students can obtain these to help pay for education expenses
generally not covered by other types of financial aid as part of this loan process a credit
check will be administered This is to ensure you do not have an adverse
credit history just like unsubsidized loans you start
accumulating interest while in school again you can pay as you go or have the
amount added to the principal balance at the time of repayment

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