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General Information

General Information

Parent PLUS loans are loans that parents of dependent undergraduate students can use to help pay educational expenses. Parents can borrow up to the difference between BCU's estimated cost of attendance and other aid or resources received.

Quick Facts:

  • The U.S Department of Education is the lender
  • The borrower must not have adverse credit history.
  • Origination Fee: 4.276% of principle amount of loan
  • Interest rate: 6.31%

Use our cost calculator to determine if a Parent PLUS loan is needed to cover your expenses.

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