What is a Federal Parent Loan For Students?

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What is a Federal Parent Loan For Students?

2006-08-17 12:52:40 · 2 answers · asked by Nakita L 1 in Education & Reference ➔ Financial Aid

2 answers

This is a student loan that parents can get from local banks (via application at your school's financial aid office) to pay for educational expenses. The loan requires credit approval. Contact your schools financial aid office for more information.

2006-08-17 13:01:56 · answer #1 · answered by khurte 1 · 0⤊ 0⤋

When you fill out your FASA you might qualify for Federal parent loan it is a government loan.

There is Unsubsidized: you start paying interest once loan is disbursed.

There is Subsidized: government pays the interest until 6 mths. after you graduate.

Direct plus loan:
You pay right when loan is disbursed.

2006-08-17 18:53:48 · answer #2 · answered by Vee 5 · 0⤊ 0⤋