Financial GPS

Financial GPS · for parents

Can I, the parent, afford it?

Question 3 of 4

The New School · $83,000

How much Parent PLUS a year?

We started you at $14,500: The New School’s typical Parent PLUS balance, $57,040, over four years.

$14,500

You’d receive about $13,887 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