Financial
Federal Parent PLUS Loans enable parents to borrow for each dependent who is enrolled in school at least half-time. Parents may finance up to the full cost of their child’s education each academic year, minus grants and other financial aid the child receives. (Although parents do not have to prove financial need, credit checks are mandatory. Applicants with adverse credit histories will not be eligible for PLUS loans.) Repayment on these loans usually begins within 60 days after disbursement. The interest rate is 8.5% for the 2009-10 academic year. If for any reason the PLUS application is denied, the dependent may be able to borrow additional funds through the Unsubsidized Federal Stafford Loan Program.
Each year Queens University of Charlotte performs a review of lender fees and repayment benefits and creates a preferred lender list. The lenders indicated above have been selected by us because, based on our research and experience, they offer highly competitive borrower benefits as well as excellent customer service to our students and families. We have provided a comparative analysis of the fees and benefits offered by each lender to facilitate your selection process. You can easily apply for your loan by clicking on the appropriate link associated with the lender of your choice. You are free to select a lender that does not appear on our list. If you choose to apply with a different lender, you should visit their website directly to complete your loan application.
Preferred Lenders
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Printed from www.Queens.edu.
Queens University of Charlotte
1900 Selwyn Ave.
Charlotte, NC 28274
Phone: 704 337-2200
Fax: 704 337-2403
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