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Reader Q&A

Q: The school said if I get declined for the Parent Plus loan my child becomes eligible for additional money. Is that true?

A: Yes. If a parent is declined for a Parent Plus loan the student is able to take out additional unsubsidized Stafford loan funds in their name, with a denial letter.

Find more information about the Parent PLUS Loan.

More answers to your questions at the FinancialAidForum.com

Financial Aid News, July 2009

Summer is in full swing, which means next semester is around the corner. This month, we help you prepare with Federal student loan options, amazing scholarship opportunities, and more.

Feature Article: Stafford Rate Changes in Effect

Starting July 1, interest rates on all new Stafford loans dropped to as low as 5.6%. With a low fixed rate, no in school payments, and no credit check, Stafford loans from StaffordLoan.com are a great financial aid option. Learn More | Apply Online

Additional Federal Loan Options

Parent PLUS Loans from ParentPlusLoan.com allow parents and guardians of undergraduate students to borrow up to 100% if the student's education including tuition, rent, travel, and more.
Learn More | Apply Online

Graduate PLUS Loans from GradLoans.com allow graduate students to borrow up to 100% of grad school expenses at a fixed interest rate.
Learn More | Apply Online

$10,000 Scholarship Drawing Approaching

The Next $10K Drawing is this month!

ScholarshipPoints.com will be giving away over $100,000 in scholarships this year, including July's $10,000 scholarship. Enter today!

StudentScholarshipSearch.com has over $75,000 in featured scholarships, including the below:

Save Time and Money with Online Classes

Summer Classes Is there a course that you have not been able to fit in to your schedule? Looking to graduate early, or can't afford to miss out on working during the semester? Online classes provide flexibility and convenience, and can be completed at your own pace.

Search for Online Classes Now »



ScholarshipPoints members, your point code: SUMMERFAN09