PLUS Loan


Also found in: Wikipedia.

PLUS Loan

A loan that a parent may borrow to pay for a child's post-secondary education expenses. PLUS loans are guaranteed by the U.S. government, and have a 7.9% interest rate. Unlike some other education loans, PLUS loans are awarded on the basis of the creditworthiness of the borrower.
References in periodicals archive ?
Greystone provided a $16.5 million Freddie Mac Program Plus loan for the acquisition of a 100-unit senior living community in New Jersey.
Emirates NBD, one of the leading banks in the region, has launched Scholar Plus Loan, a programme for families seeking financial assistance for university education, either in the UAE or overseas.
After the departures of the likes of Aden Flint and Stewart Downing plus loan players from last season returning to their parent clubs, Boro look thin in certain areas.
After the departures of the likes of Aden Flint and Stewart Downing, plus loan players from last season returning to their parent clubs, Boro look thin in certain areas.
Brands, who oversaw four deadline day purchases with Bernard also joining plus loan pair Andre Gomes and Kurt Zouma, added: "That was a great thing for us but you never know if Man United comes in and offers an extra PS150,000 a week - every player would like to do that.
New boss, upwards of PS100million splurged, nine new players in, half a dozen out, plus loan shuffling everywhere.
Cash Suvidha receives around 15,000 plus loan applications per month and disburses loans within two working days.
He had spells with Inter Milan, Leeds, Tottenham, Liverpool and LA Galaxy, plus loan moves to Celtic, West Ham and Aston Villa.
Sainsbury's Bank's 2.9% is still the best rate for a PS10,000 plus loan, along with John Lewis Finance, while AA Loans, M&S Bank and Cahoot charge 3%.
Sainsbury's Bank's 2.9 per cent is still the best rate for a PS10,000 plus loan, along with John Lewis Finance, while AA Loans, M&S Bank and Cahoot charge three per cent.
Pacific Continental Bank, a business-oriented bank with $2.5 billion in assets, has about 375 employees in 14 banks in Oregon and Washington, plus loan offices in Tacoma and Denver.
This site goes into detail about the PLUS loan program as well as the private student loan industry.