There are no specific caps on PLUS loan borrowing. The maximum amount of PLUS loans you can take out is the school's cost of attendance minus other financial aid you receive or your child receives. Cost of attendance includes tuition and fees, room and board, and books and other supplies. Private student loan limits vary by lender.
Max out federal student loan borrowing before taking out private student loans. Federal loans have protections that private loans don't, including income-driven repayment plans and loan forgiveness programs. Private student loan minimums and limits. Non-co-signed future income-based option:. Annually, the cost of attendance. Co-signed and non-co-signed credit-based options:.
Annually, the cost of attendance minus financial aid. Maximum loan amount: School-certified cost of attendance minus financial aid. Annually, the school-certified cost of attendance. Maximum loan amount: School-certified cost of attendance. Federal student loan limits. Need-to-Knows for College Grads. Direct subsidized and unsubsidized loan limits. Dependent undergraduate students. Dori Zinn.
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First , we provide paid placements to advertisers to present their offers. Go Back Go Back. Incorrect Email Address. Apply Pick the loan you would like to apply for or Find Your Application. Federal Student Loans Federal loans, with average interest rates of 5. Private Student Loans While federal loans are provided by the government, private loans are available to students and sometimes parents by banks, credit unions, and lenders.
Calculate Your Own Student Loan Try our easy-to-use and free student loan calculator to get a more detailed picture of what a private student loan may mean for you. Relevant Blog Posts.
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