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PLUS Loan from Bank of America

A Parent loan for Undergraduate Students (PLUS) is a flexible borrowing option for parents looking to help their child pay for school. You're eligible if you're a creditworthy parent of a dependent undergraduate student who is enrolled at least half time in an eligible institution. You can borrow up to the cost of attendance, as determined by the school, minus any other financial aid the student is receiving. There is a lifetime cap of $130,000.

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