Parent PLUS and Graduate PLUS Loans Help Students Cover College Costs

Hopefully by now your child has decided which college to attend this fall, and you are beginning to formulate your financial strategy for how you will fund the college experience. An excellent option is the PLUS Loan or Parent Loans for Undergraduate Students, recommended by NextStudent, a leading Phoenix-based education funding company. As long as your child is enrolled in school at least half-time, this federally backed student loan allows parents to borrow funds to cover such things as tuition, housing and meals and even books and supplies, up to the total cost of the student’s education, minus any other aid. In order to be eligible for the PLUS Loan (http://www.nextstudent.com/plus_loans/plus_loans.asp), both students and their parents must complete the Free Ap View the rest of this article