answersLogoWhite

0


Best Answer

The loan is available to dependent undergraduate students.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a characteristic of a plus loan?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the average rate of a federal plus loan?

The average rate of a Federal Direct Parent Plus Loan and Federal Direct Plus Graduate Loan is now 7.9%. This rate is fixed for the life of the loan and cannot exceed 8.25%.


What is the purpose of a parent's Plus loan?

There are loans available that are for the purpose of helping parents pay the cost of putting a child through collage. The loan is called a Parent Plus Loan and the Parent Plus Loan website offers the ability to secure this type of loan for those that apply and are accepted for it.


What is plus mod balance in bank loan?

plus mod balance in bank loan is the money who pay on the bank that you loan with interest rate and original cost.


Where might one find information on a Graduate Plus Loan?

Information on Graduate Plus Loan can be found in a variety of places. Graduate Plus Loan information can be found at a student aid website, or simply on forums.


How do you Transfer a plus loan to child?

Parent didn't sign Masters Promissory note so it is technically not the parent's loan or responsibility right? Because of this, can a Direct PLUS loan get transferred to the child if a mistake was made in the loan process?


What education loan is not intended for students?

PLUS


What is a fed parent loan for student?

It is called a PLUS loan in the U.S.The financial aid office at the student's school can tell you what lenders offer PLUS loans


Who would be eligible for a PLUS loan?

PLUS loans are available for graduate and professional degree students who are enrolled at a minimum of half time. Parents of dependent undergraduate students are also eligible for a PLUS loan.


Where can you get a loan with your paycheck plus debit card?

A bank?


Is a parent plus loan tax deductible?

yes


Age limit on stafford loan?

What's the student's age limit for Sallie Mae PLUS loan?


What do you call a loan tis obtained by the consumer who keeps the entire amount of the loan for a specific period of time and pays back the loan amount plus interests at the end of the loan period?

term loan:)