Student Loan Help

A recent addition to the Federal Loan Program is the Graduate Plus Loan. This is a fixed interest rate loan for graduate students where the student is the borrower and not the parent! The graduate student is still required to fill out a FAFSA and it is stronly advised that the gradaute student apply for both unsubsidized and subsidized in Stafford loans before applying for the Graduate Plus Loan. There are credit requirements for the Graduate Plus Loan however if the graduate student is denied the Graduate Plus Loan he or she can add a co-signer to help strengthen the application.

The Graduate student is eligible to borrow up to the cost of education less any financial aid they recieve. Like the unsubsidized Stafford Loan, the Graduate Plus Loan is all unsubsidized. This means that the graduate student is responsible for interest that accrues on the loan during this period.

There are a number of repayment options for the Graduate Plus Loans including deferred repayment while the student is enrolled at least half-time in school.

The Gradaute Plus loan is a great opportunity for Gradaute Students to borrow a low cost low that is backed by the federal government.

The Student Loan Network: Stafford Federal Student Loans, Parent PLUS Loans, Student Loan Consolidation, Private Student Loans, Education Loans/College Loans