PLUS Loan definition

PLUS Loan means a Loan that was made pursuant to the PLUS Program established under Section 428B of the Higher Education Act (or predecessor provisions).
PLUS Loan means a Loan described in Section 428B of the Higher Education Act and shall include loans to parents, designated as “PLUS Loans” or loans to graduate or professional students, designated “Grad PLUS Loans.”
PLUS Loan means a loan made under the Federal PLUS Program established under the Higher Education Act.

Examples of PLUS Loan in a sentence

  • For any loan funds that the student must return, the student (or the parent for a Direct PLUS Loan) must repay the loan in accordance with the terms and conditions of the promissory note.

  • Any loan funds that you must return, you (or your parent for a PLUS Loan) repay in accordance with the terms of the promissory note.

  • Interest does accrue during a deferment on a Direct Unsubsidized Loan, a Direct PLUS Loan, a Direct Unsubsidized Consolidation Loan, an unsubsidized Federal Stafford Loan, a Federal PLUS Loan, or a Federal SLS Loan.

  • If the post- withdrawal disbursement includes loan funds, the institution will obtain the student’s (or parent’s in the case of a PLUS Loan) permission before it can disburse them.

  • The overpayment must be eliminated prior to offering a credit balance to a student .The following Title IV return distribution is used for all FSA students .q Unsubsidized Direct Loanw Subsidized Direct Loan e Direct PLUS Loan (Parent) r Federal Pell GrantReturns must be made as soon as possible to the federal programs but no later than 45 days after the date of determination .


More Definitions of PLUS Loan

PLUS Loan means a Student Loan designated as such that is made under the Parent Loans to Undergraduate Students Program pursuant to the Higher Education Act.
PLUS Loan means a Financed Student Loan made pursuant to the provisions of the PLUS program established under Section 428B of the Higher Education Act (or predecessor provisions).
PLUS Loan means a Student Loan made pursuant to Section 428B of the Higher Education Act.
PLUS Loan means a loan provided under 20 U.S.C. 1078-2;
PLUS Loan means a Financed Federal Loan designated as such that is made under the PLUS Loan Program pursuant to the Higher Education Act.