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Parent PLUS Loan Information Nicholls State University
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People also ask
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Where do I find my parent PLUS loan information?
Find Your Parent PLUS Loan Information Visit “My Aid” to view information about all of the federal student loans and other financial aid you have received and to get contact information for your loan servicer.
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Do parent PLUS loans qualify for student loan forgiveness?
Parent PLUS loans can be forgiven under the Income-Contingent Repayment (ICR) plan and Public Service Loan Forgiveness (PSLF) program. Parents can become eligible for these forgiveness programs only if they consolidate their PLUS loans into a Direct Consolidation Loan.
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Where does a parent PLUS loan go?
In most cases, your school will disburse your parent's loan money by crediting it to your school account to pay tuition, fees, room and board, and other authorized charges.
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Are parent PLUS loans eligible for forgiveness?
Parent PLUS loans can be forgiven under the Income-Contingent Repayment (ICR) plan and Public Service Loan Forgiveness (PSLF) program. Parents can become eligible for these forgiveness programs only if they consolidate their PLUS loans into a Direct Consolidation Loan.
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Do parent PLUS loans have to be paid back immediately?
If you took out a federal parent PLUS loan for your child's education, you don't have to start paying it back right away. Parent PLUS loan deferment is available up until six months after your child graduates or drops below half-time enrollment. Interest will accrue on the loans during a deferment.
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How much do you get for parent PLUS loan?
The maximum PLUS loan amount you can receive is the cost of attendance (determined by the school) minus any other financial aid received.
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How do I find out about my parent PLUS loan?
To learn more about the status, have your parent log in to their FSA Dashbaord (https://studentaid.gov/fsa-id/sign-in/landing) and look at their loan details. This will tell you what the loan's status is (Deferment, Repayment, Forbearance, etc.) and who the servicer is (if one has been assigned yet).
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How do I find my student loan account information?
You can access your federal student loan information—including your loan and/or grant amounts, outstanding balances, loan statuses, disbursements, and servicer information—by logging in to your StudentAid.gov account. You can contact your servicer directly with questions regarding your federal student loans.
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