parent loans

Family college financing

Parent loans are money borrowed by parents to pay for their child's education, typically college tuition and expenses.

Unlike student loans taken by the student, parent loans hold the parent legally responsible for repayment.

The most common type in the United States is the federal Parent PLUS loan: They took out parent loans to cover what scholarships didn't.

Related

undergraduate · college · debt · financial burden · repayment · interest · interest rate · federal · private · cost of attendance · disbursement · deferment · credit check · origination fee · 529 · scholarship · bursar · semester

Categories
Opposites
borrower identity

parent loansstudent loans

Borrowed funds for tuition

student debt

financing method

parent loansscholarships

Funds awarded for study

grants · merit aid · tuition waivers · free tuition · need-based aid

Family

parent, loans, parents, parental, parentage, parenthood, parenting, parented, loan

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