Federal Parent PLUS Loan
After your student has applied for grants and scholarships that don't have to be repaid, and explores a low-cost Stafford Loan, consider an economical Parent PLUS Loan to help cover the costs of college. Choose us as your lender and you may be eligible for this borrower benefit:
Feature
- You may qualify for a 0.25 percentage point interest rate reduction when you make payments on your Sallie Mae Parent PLUS loan by automatic debit.1
Why more students and families choose Sallie Mae®
- Unwavering commitment and stability for more than 35 years—we have helped over 31 million students realize their dream of a higher education
- A streamlined PLUS application experience for parents, including an online endorser process to help applicants who are not approved on the basis of their own credit
- Easy online application and 24/7 online account management
- Join Upromise® by Sallie Mae at Upromise.com, and you can use the rewards you earn on your everyday purchases to help automatically pay down your eligible Sallie Mae-serviced loans with Upromise Loan Link® 2
- Sallie Mae's Education Investment Planner® is a free, online tool that makes it easy to quickly estimate the total cost of college and find ways to save and pay for it
1,2 Click the link below to learn how to earn the borrower benefit and other important information.
Learn how to earn these benefits
Apply for a - Federal Parent PLUS Loan