Where can I find parent financing information?

Frequently Asked Questions

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Many of our families find parent loans to be a useful tool for spreading the cost of education over a number of years. Parents may borrow up to the full cost of education, less any other financial aid. Parent loans are not based on financial need, and there are no income restrictions or penalties for early repayment. Harvard processes PLUS loans directly with the U.S. Department of Education through the Federal Direct Lending Program, without the need for banks and for-profit lenders. However, your financing options are not limited to the parent PLUS loan; you and your family may borrow from any lender you choose.