California Edition 2013-2014 > Financial Policies and Information > Financial Aid Programs > Direct Parent Loan for Undergraduate Students (PLUS)

Direct Parent Loan for Undergraduate Students (PLUS)

Federal Parent Loans for undergraduate students provide additional funds for credit-worthy parents to help pay for students’ educational expenses. The interest rates for these loans are fixed at 7.9 percent (established annually by the US Department of Education) and repayment begins immediately after the loan is fully disbursed.