Fixed interest rates.
Apply now for your Federal PLUS Loan and get a starting fixed interest rate of 8.5%.†
With a fixed rate, you won’t ever have to worry about variable interest rates going higher and leaving you guessing about your monthly payment amount.
You don’t have to wait for graduation to consolidate.
Unlike your children, who’ll have to wait until they’re out of school to consolidate their student loans, you can consolidate your parent PLUS loans even while your children are still in school full time.
PLUS loans go into repayment 30 to 60 days after the final disbursement of the loan funds. You’re eligible to consolidate your PLUS loans as soon as they go into repayment.
By consolidating your PLUS loans with a NextStudent student loan consolidation, you could substantially lower your monthly PLUS loan payments and get up to 20 more years to repay.
What’s a PLUS loan?
Who qualifies?
How do I apply?
How much can I borrow?
How much does it cost?
What are my repayment options?
PLUS Loan FAQs
†Federal PLUS Loans disbursed prior to July 1, 2006, have a variable interest rate. The variable rate on these PLUS loans adjusts on July 1 of each year, with a maximum allowable rate of 9.0%.
