0
Can a parent be approved for a federal parent plus loan in currently they are in a chapter 13?
Since PLUS loans are based on the parent's credit, most lenders will not pre-approve a parent that is in chapter 13. However, if the parents do apply and are denied a PLUS Loan, the student will then be eligible for additional unsubsidized Stafford Loan funds (currently as much as $4000.00 more per school year).
What else can I help you with?
What is the process for applying for a Parent PLUS loan through the government for student loans?
To apply for a Parent PLUS loan, a parent must complete the application on the Federal Student Aid website, undergo a credit check, and sign a Master Promissory Note if approved.
What happens if you are not approved for parent plus loans?
If you are not approved for Parent PLUS loans, the student may be eligible for additional unsubsidized federal student loans, which can help cover educational expenses. The parent can also explore alternative private loan options, though these may come with different terms and interest rates. Additionally, the student may consider seeking scholarships, grants, or work-study opportunities to finance their education. It's important to communicate with the school's financial aid office for guidance on available options.
Is money inherited from a parent's estate taxable?
No, inheritances are not subject to federal income taxes.
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 are the qualifications for a parent plus loan?
Qualifications for a Parent PLUS loan include being a parent of a dependent undergraduate student, having a good credit history, and not having any adverse credit history such as bankruptcy or default on a federal student loan.
What is the process for applying for a Parent PLUS loan through the government for student loans?
To apply for a Parent PLUS loan, a parent must complete the application on the Federal Student Aid website, undergo a credit check, and sign a Master Promissory Note if approved.
Mobile home on parent's land?
If local authority allows it and you have approved elec and water feed in and approved septic.
When a parent applies for disability for a child and gets approved does the parent and the child receive benefits or just the child?
Only the child.
What is the parent company of Mercedes Benz?
There is no parent company to Mercedes Benz currently... at one time it was Daimler.
Has Krispy Kreme filed for bankruptcy?
Not the parent company, that I can find. Historically, some Krispy Kreme franchisees (including in Illinois and California) filed for Chapter 11 bankruptcy in 2007. In 2016, Krispy Creme approved a takeover by JAB Holding Company, a German conglomerate.
What are the Curfew laws for Darien IL?
If you are under 18 it ismidnight on weekends 11 on weekdays. Unless you are going to or from a legal job or you are with a parent or a parent approved guardian.
How can a 15 year old get from one state to another can fly or take a train to young?
You will need a parent to check you in at the point of travel, and you will need a parent approved adult at the other end to sign for you to be released. They are not allowed to release a minor without an approved adult on each end of the trip.
If a parent was removed from the home and the other parent has custody of the children can that parent move to another state with permission of the parent that was removed from the home?
Yes, but not without a court approved long distance visitation schedule being established first. see link
In New York if a child is kicked out of the custodial parent's house and now lives with the non-custodial parent in Pennsylvania does the non-custodial parent still have to pay child support?
Yes until a modification is approved.
Where can one find out more about federal parent plus loans?
There are a variety of online sites that contain information about Federal Parent PLUS Loans. The web domain "ParentPLUSLoan," for example, is a great resource for this information.
How does a parent or an adult child waive arrearages?
It has to be approved by the courts and must not include monies owed the state.
Can you move out of the country with your kids if you have legal and physical custody of them?
Not without consent of the other parent. In Michigan the Parent with custody has to live with in 80 miles of the other parent, or get written consent from the other parent and get that consent approved by the courts to live outside of that 80 miles.
