PLUS

The PLUS loan allows parents to borrow on behalf of their dependent undergraduate children who are enrolled at least half time. As with unsubsidized Stafford and unsubsidized Direct loans, borrowers are responsible for the interest that accrues on PLUS Loans throughout the life of the loan.

For more information see the following lesson:

Creating Loans from Import (Direct Loan)
Manually Originating Loans (Direct Loan)
Master Promissory Notes (Direct Loan)

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