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[Parent Loan for Undergraduate Students]

 

Parents can borrow a PLUS Loan to help pay their child’s education expenses if they are a dependent undergraduate student enrolled at least half time in an eligible program at an eligible school. Parents must have an acceptable credit history. The first payment is due within 60 days after the loan is fully disbursed. There is no grace period for these loans. Interest begins to accumulate at the time the first disbursement is made. Parents must begin repaying both principal and interest while the student is in school. Through this program, parents may borrow each year up to the full cost of attendance less any financial aid. The current interest rate on PLUS loans first disbursed on or after 7/01/2015 is 6.84% fixed. The loan origination fee is currently 4.292%.

 

To apply for a Parent PLUS loan, you will need to complete the online application and Master Promissory Note at www.studentloans.gov

 

Related Links
Title IV Code: 002566

Contact Info

Phone:

(800) 228-9972

(402) 375-7230

 

Emails:

finaid1@wsc.edu

Upcoming Deadlines
March 2015

9-13

Mid-term break – no classes

19

Deadline for mid-term grading

20

Spring Assessment Retreat; no classes after 12:00 noon

23

Mid-Terms mailed to students

| More Dates |
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