Question 3 of 4
University of Mississippi · $83,000
How much Parent PLUS a year?
We started you at $7,500: University of Mississippi’s typical Parent PLUS balance, $29,387, over four years.
$0year-one price gap $12,502cap $20,000
You’d receive about $7,183 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