Lastly, parents of undergraduate student borrowers can take out federal loans on behalf of their children, if the students themselves are unable to qualify for a loan by themselves. (credible.com)
Other types of federal loans include the Perkins loan; the parent PLUS loan, which is specifically geared toward parents of undergraduate students; and the graduate PLUS loan, which is specifically geared toward graduate students. (fidelity.com)
PLUS loans can also be used by parents of undergraduate students to help pay for a son or daughter's education. (smartasset.com)