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What Is a Parent PLUS Loan?

A PLUS loan gives parents a way to help their child pay for college, but there are rules you need to know.

Author
By Erin Gobler

Written by

Erin Gobler

Freelance writer

Erin Gobler has covered personal finance for more than 10 years, with expertise on mortgages, student loans, and credit cards. Erin's work has been featured by Fox, Business Insider, GOBankingRates, Newsweek Vault, and CNN.

Edited by Alicia Hahn

Written by

Alicia Hahn

Editor

Alicia Hahn has spent more than seven years covering personal finance and is an expert on student loans and credit cards. Her work has been featured by the New York Post, NewsBreak, Fox Business, and Yahoo Finance.

Updated November 15, 2023

Editorial disclosure: Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, whom we will always identify, all opinions are our own. Credible Operations, Inc. NMLS # 1681276, is referred to here as “Credible.”

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