Federal PLUS Loans – Loans to Parents

These are loans parents can obtain in order to assist with paying for educational expenses for dependent undergraduate students enrolled at least half time (six credits). This loan accrues interest from the date the first disbursement is made until the loan is fully repaid. The interest rate on the loan will never exceed 9.0%.

To find more about these three federal programs offered at NSC, please visit the U.S. Department of Education website to view The Student Guide – 2007-2008 at: http: //studentaid.ed.gov/students /publications/students_guide/indix.html.