Definitions for "Parent Loans for Undergraduate Students"
PLUS. A non-need-based loan made to the parents of an undergraduate student....
A federally subsidized educational loan program in which parents can borrow up to the total cost of attendance minus any financial aid received for each child in an undergraduate program. Eligibility is not based on need. The interest rate is variable, currently with a 9% cap.
Federally-insured loans for parents of dependent students.