Not exact matches
While it can be helpful to be able to have your parents borrow on your behalf, keep in mind that interest rates on PLUS
loans are higher than on
subsidized and unsubsidized federal
direct student
loans, and also
carry a one - time
loan fee of nearly 4.3 percent.
As we detailed in Part 2,
direct unsubsidized
loans to undergraduates
carry the same low rate as
subsidized loans, but interest starts piling up as soon as you take the
loan out — while you're still in school, in other words.
They
carry the same 4.45 % interest rate, and like the
Direct Subsidized Loan, all borrowers are charged the same rate without respect to credit history.
As we detailed in Part 2,
direct unsubsidized
loans to undergraduates
carry the same low rate as
subsidized loans, but interest starts piling up as soon as you take the
loan out — while you're still in school, in other words.