PLUS Repayment
PLUS loan repayment begins within 60 days of UAlbany receiving the final disbursement of the loan.
PLUS loans interest rates are variable on an annual basis.
| Loan Program |
Interest Rate |
| PLUS Loans for Parents |
8.50%*
|
*Rates effective July 1, 2006.
An origination fee (currently 3%) is deducted from the loan proceeds.
The PLUS interest rate is capped at 9.0%