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July 24, 2019

Federal Parent PLUS Loan vs. Private Parent Loans: How They Stack Up

If you’ve exhausted the free money, drained the savings, and are maximizing your cash payments from income to college costs, you may still need a financing option. In many cases, families have their students take out the low interest rate federal student loans., but sometimes there is still a gap.

If you are still looking a loan perhaps you want a one in your name not your student’s. Make certain you find the best loan option for your needs by educating yourself on Federal Parent PLUS Loan as well as a Private Parent Loan. Although each type of loan has similarities like the timing of interest accrual and interest rate reduction for auto-payments, there are a series of features that make them different. Check out this infographic to figure out which option works best for you.

Here is a link to the Private Parent Loan in our calculations.

Federal Parent PLUS Loan vs. Private Parent Loan Comparison

Looking to compare Federal Parent PLUS Loans to Private Student Loans? Check out this blog post.


Photograph of Colleen Krumwiede
Colleen Krumwiede
Co-Founder & Chief Revenue Officer

Colleen MacDonald Krumwiede is a financial aid expert with over a decade of financial aid experience at Stanford GSB, Caltech, and Pomona College and another decade at educational finance and technology companies servicing higher education.  She guides go-to-market strategy and product development at Quatro to transform the way families afford college.


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