Question 3 of 4
Babson College · $83,000
How much Parent PLUS a year?
We started you at $10,500: Babson College’s typical Parent PLUS balance, $41,699, over four years.
You’d receive about $10,056 a year after the 4.228% fee.
The new caps
$20,000 a year and $65,000 per student, counting what either parent has already borrowed for this student.
Federal Student Aid: Parent PLUS loans