The Federal PLUS Loan is an unsubsidized federal training loan for graduate pupils as well as for moms and dads of dependent undergraduate pupils. The Federal PLUS Loan, also called a Federal Direct PLUS Loan, can be acquired following the pupil exhausts eligibility for Federal Stafford Loans.
Two variations of this Federal PLUS Loan
There are 2 variations for the Federal PLUS Loan: the Federal Parent PLUS Loan as well as the Federal Grad PLUS Loan.
- The Federal Parent PLUS Loan is present to parents of reliant undergraduate pupils
- The Federal Grad PLUS loan is present to graduate and professional college pupils