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Parent Loans for College Students

Parent loans for Undergraduate Students are commonly known as Federal PLUS loans.

Limits vary and this is type of loan is for Parents with good credit.

Benefit of the PLUS Loan is parents of students can borrow federally guaranteed low interest loans.

The interest rate on the Federal PLUS Loan is fixed at 8.5% as of July 1st, 2006

Visit the Department of Education's website at www.ed.gov