Question 3 of 4
Otterbein University · $83,000
How much Parent PLUS a year?
We started you at $10,000: Otterbein University’s typical Parent PLUS balance, $39,500, over four years.
$0year-one price gap $16,291cap $20,000
You’d receive about $9,577 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