April 23, 2009

How Much Can I Borrow?

Posted in Parent PLUS Loans tagged at 8:33 AM by dbonvie


The yearly limit on a Parent PLUS Loan is equal to the cost of attendance minus any other financial aid received. If the students cost of attendance is $15,000, for example, and they receive $8,000 in other financial aid, you can borrow up to $7,000 to bridge the gap.

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