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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 |

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

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

Exciting Scholarship Opportunities

With over $9.7 billion in awards, and tens of thousands of dollars given away each month, StudentScholarshipSearch.com is your ticket to paying off your college tuition.

Be sure to check out our free Student Scholarship Database – it's free and we're adding new scholarships and grants every day, including our monthly $1,000 Free College Scholarship! We are also just days away from selecting our next $10,000 scholarship winner! Log in to earn points today!

Save Time and Money with Online Classes

Summer ClassesIs 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