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Chase Tip: When searching for the perfect school loan, check with a variety of lenders. Many will offer the Federal Plus loans. The parent plus loan is a loan with a low interest rate for parents of an undergraduate student or dependent. The benefits of a parent plus loan is that it can subsidize the entire tuition and repayment can be deferred until after graduation. The interest may even be tax deductible. Ask your lender for details.
|Jennifer Mathes, Ph.D.|