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Get Loan Request Form Plus-summer 2009.doc - Stcloudstate

With educationally related expenses. The maximum amount a parent may borrow is equal to the cost of attendance established for the student minus any other aid the student receives. PLUS loans are obtained through a commercial lending institution. The interest rate for PLUS loans is a fixed rate of 8.5%. The guarantee agency and lender fees can amount to 4% of the loan. In addition to the amount of PLUS loan eligibility indicated on your award notification, you may also add to your PLUS loan som.

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