Question 3 of 4
University of Maine · $83,000
How much Parent PLUS a year?
We started you at $5,500: University of Maine’s typical Parent PLUS balance, $21,900, over four years.
$0year-one price gap $12,402cap $20,000
You’d receive about $5,267 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