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Federal Grad Plus Loan


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Anyone know the difference between the Federal Direct Unsubsidized Loan and the Fed Direct Grad PLUS Loan?? I've been researching and trying to understand the difference but I don't recall seeing much difference ?

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The interest rates. Also the amount you can borrow per year is different.

Direct Subsidized Loans

Undergraduate

4.45%

Direct Unsubsidized Loans

Undergraduate

4.45%

Direct Unsubsidized Loans

Graduate or Professional

6%

Direct PLUS Loans

Parents and Graduate or Professional Students

7%

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