Sentences with phrase «borrow on behalf of your student»
The College Family Loan is for creditworthy parents, family members or friends looking to borrow on behalf of students to help with education expenses.
http://www.iowastudentloan.org/
That resulting amount is the maximum you can borrow on behalf of your student.
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.
Parents willing to borrow on behalf of their graduate student may want to consider other options before their student applies for a Direct Grad PLUS Loan.
Parents willing to borrow on behalf of their law, medical or MBA student may want to consider other options before their student applies for a Direct PLUS Loan.
Current Direct Loan regulations (34 CFR 685.200 (b) and (c)-RRB- specify that graduate and professional students, and parents borrowing on behalf of their dependent children, may borrow PLUS loans.
If you are a parent repaying PLUS loans taken out on behalf of your children, your eligibility for PSLF eligibility is based on your employment, not the employment of the student on whose behalf you borrowed.
Some 70 percent of students graduate from college today with debt, and it's not just young households burdened by it; in many cases, middle - aged consumers are shouldering the debt, either because they've borrowed on behalf of their kids or they went back to school themselves and are paying off their own loans.