Parents may borrow additional money to assist with paying for college costs. One option is the Federal Direct Parent Loan for Undergraduate Students, or PLUS loan. PLUS Loans for parents of dependent students are not need-based, but the parent(s) must be approved after a credit check. Under this program, parents can borrow up to the total cost of education minus their student’s expected financial aid.
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Hovey Hall 101
Congratulations on your admission to Illinois State! Please contact our office for all your Financial Aid questions or concerns.