Not only does this help students defray some of the costs associated with higher education, but it helps them begin to develop references and a resume. At National American University, we feel this type of aggressive initiative contributes to our high placement rates as employers are looking for both education and work experience. An entitlement program that guarantees a minimum amount of funds to eligible students. This is a federally funded grant program designed to assist students with exceptional family need. First priority is given to Pell Grant recipients.
Early application is important.
Amounts are limited, therefore early application is important. Repayment begins six months after the student graduates, withdraws, or drops below half-time attendance. Federal PLUS loans are for parents who want to borrow to help pay for their child's education. The Federal PLUS loan provides additional funds for education expenses. Federal PLUS loans enable parents with food credit histories to borrow for each child who is enrolled at least half-time and is a dependent student.