Federal Plus Loans Parent And Graduate Student Loan Programs

Two types of Federal PLUS loans are now available to help students with their undergraduate and graduate studies. Parent PLUS Loans are designed to help parents cover the cost of their child's undergraduate study. The newer federal program Graduate PLUS Loans is designed to help graduate and professional students pay for college tuition on their own. Federal PLUS Loans for both parents and graduate students carry an interest rate lower than most private or alternative student loan programs.

Parents and graduate students in need of loans can obtain a free credit report from all 3 bureaus before they apply for private, alternative, or home equity loans. The link provided gives student's and parents instant access to credit reports from all three reporting agencies: TransUnion, Equifax, and Experian. Knowing your credit score and being informed of any credit issues is important when applying for private, alternative and home equity loans. Your interest rate may depend upon your FICO score, borrowing history, current monthly payments, and the balance of outstanding debt.

— Student Loans Ed

Related Student Loans Ed Web Pages
» Student Loan Payment Calculator
» Federal Direct Student Loans
» Federal Stafford Student Loans
» Repayment of Student Loans
» Student Loans In Default

Federal Student Loan Consolidation Free