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Parent PLUS Loan


studentsCost-Effective Parent PLUS Loans from
Washington First®/ Student Loan Finance Association

Washington First Rewards PLUSSM Loans add up to savings for you. We're here to help you finance your child's education with affordable loans for parents. Parent PLUS loans are designed for parents borrowing for dependent students.

NEW BENEFITS FOR 2007-2008:

Parent PLUS loan borrowers gain these cost-saving benefits on loans first disbursed July 1, 2007 to June 30, 2008:

  • Earn a 0.50 percentage point interest rate reduction when you choose to have your payments automatically debited from a checking or savings account*
  • Earn a 0.50 percentage point interest rate reduction— after your first on-time payment—with a one-time benefit reinstatement opportunity*
  • Earn a 3% loan credit after you make your first 18 on-time payments*

And, when you join Upromise®, you can use your Upromise rewards to help pay down balances automatically on your eligible Sallie Mae-serviced student loans by linking your Sallie Mae® account to your Upromise account with Upromise Loan LinkSM! To learn more, or to join Upromise now, go to www.salliemae.com/upromise.

*Learn more about these benefits

APPLY ONLINE FOR A PARENT PLUS LOAN

Have a question?
Contact us at 877.330.4455 or by e-mail at info@slfaloan.com.

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