Financial GPS

Financial GPS · for parents

Can I, the parent, afford it?

Question 3 of 4

Sacred Heart University · $83,000

How much Parent PLUS a year?

We started you at $11,500: Sacred Heart University’s typical Parent PLUS balance, $45,486, over four years.

$11,500

You’d receive about $11,014 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