Finding a loan

Applying for a loan

Comparing student loan options

Student loans for parents

Federal student loans	Private student loans
Parent PLUS Loan	Signature Student Loan	Tuition Answer Loan	K-12 Education Loan
Interest rate
The interest rate for Parent PLUS loans first disbursed on or after July 1, 2006 is fixed at 8.5%.	Interest rates that reward good credit and are as low as Prime + 0% when you and your cosigner are both credit-approved and one has excellent credit. Interest rates are variable and reset monthly.	Interest rates that reward good credit and are as low as Prime + 1.5% for borrowers with excellent credit. Interest rates are variable and reset monthly.	Interest rates that reward good credit and are as low as Prime + 1% for borrowers with excellent credit. Interest rates are variable and reset monthly.
Fees
Up to 4%: a 3% federal origination fee and a 1% federal default fee. Note: There are lenders and guarantors that work with Sallie Mae that will pay all or a portion of the default fee on behalf of Parent PLUS borrowers whose loans are guaranteed July 1, 2007–June 30, 2008.	No disbursement fees for most borrowers. Repayment fees are 0%–3%	1%–6.5% disbursement fee	2%–5% loan fees
Annual loan limits
Borrow up to the full cost of your dependent, undergraduate child's education less other aid received.	Minimum: $500 Maximum: cost of attendance minus financial aid	Minimum: $1,500 Maximum: $40,000 Lifetime loan limit: $130,000	No aggregate loan limit.
Repayment starts
Starts within 60 days after final disbursement of the loan. You may postpone repayment for up to 60 months, including while your child is in school.	Flexible repayment options determine first payment.	Flexible repayment options determine first payment.	Flexible repayment options determine first payment.