PLUS Loans definition

PLUS Loans or "SLS Loans," as defined, under the Higher Education Act.

PLUS Loans means educational loans authorized by the federal and state governments to help parents of dependent under-graduate or graduate students pay the costs ofeducation beyond high school.

PLUS Loans means Financed Student Loans authorized under Section 428B of the Higher Education Act of 1965, as amended, or any successor provision.

Examples of PLUS Loans in a sentence

• Ford Federal Direct Loan (Direct Loan) Program includes Federal Direct Stafford/Ford (Direct Subsidized) Loans, Federal Direct Unsubsidized Stafford/Ford (Direct Unsubsidized) Loans, Federal Direct PLUS (Direct PLUS) Loans, and Federal Direct Consolidation (Direct Consolidation) Loans.

• The Title IV programs that are covered by this law are: Federal Pell Grants, Iraq and Afghanistan Service Grants, TEACH Grants, Xxxxxxxx Loans, PLUS Loans, Federal Supplemental Educational Opportunity Grants (FSEOGs) and Federal Xxxxxxx Loans.

• The student or parent, in the case of the Federal PLUS Loans, needs to provide permission before any loan funds may be disbursed on the student’s account or disbursed to the student or parent.

• The Federal Student Aid programs that are covered by this law are Pell Grants, Iraq and Afghanistan Service Grants, TEACH Grants, Federal Supplemental Educational Opportunity Grants (FSEOG), Direct Subsidized Loans, Direct Unsubsidized Loans and Direct PLUS Loans.

• The date of determination is 14 days after they cease attendance .In both cases the last day of attendance will be used in the return to Title IV calculation .The federal formula requires a Return of Title IV calculation if the student received or could have received (based on eligibility criteria) federal financial assistance in the form of Pell Grants, and Direct Loans or Direct PLUS Loans during the payment period .

• Xxxx Federal Direct Loan (Direct Loan) Program includes Federal Direct Xxxxxxxx/ Ford (Direct Subsidized) Loans, Federal Direct Unsubsidized Xxxxxxxx/Ford (Direct Unsubsidized) Loans, Federal Direct PLUS (Direct PLUS) Loans, and Federal Direct Consolidation (Direct Consolidation) Loans.

• If there is additional money to be refunded from federal funds after calculating the Return of Title IV formula and the refund policy, the refund will be made to the student or, with the student’s authorization, to the federal loan program(s) in the following order, up to the amount received for the term of withdrawal: Federal Unsubsidized Direct Loans, Federal Subsidized Direct Loans, Federal Xxxxxxx Loans, Federal PLUS Loans and Alternative Loans.

• If there is an additional credit balance made up of non-Title IV funds, it will be refunded in the following order, up to the amount received for the term of withdrawal: Federal Unsubsidized Direct Loans, Federal Subsidized Direct Loans, Federal Xxxxxxx Loans, Federal PLUS Loans, Alternative Loans, other loans, other aid (if required), and student.

• Direct Loans include the following: Direct Subsidized Loans, Direct Unsubsidized Loans, Direct PLUS Loans, and Direct Consolidation Loans.

• I am responsible for paying the interest due on my Federal PLUS Loan(s) from the date the lender disburses the loan funds until the loan(s) is paid in full.

More Definitions of PLUS Loans

PLUS Loans means educational loans authorized by the federal and state governmentsto help parents of dependent undergraduate or graduate students pay the costs of education beyond high school.

PLUS Loans means the Financed Student Loans authorized under Section 428B of the Higher Education Act of 1965, as amended, or any successor provision.