Federal Parent PLUS Loan
After your student has applied for grants and scholarships that don't have to be repaid, and explores a low-cost Stafford Loan, consider an economical Parent PLUS Loan to help cover the costs of college. Choose Regions Bank as your lender and you may be eligible for these borrower benefits:
Borrower benefits
- 0.25 percentage point interest rate reduction for automatic debit during active periods of repayment1
Advantages of choosing a Federal Family Education Loan (FFEL) Parent PLUS loan
- Low, fixed interest rate
- No payments are required while your student is in school at least half time2
- Default prevention that may help you successfully maintain your payments & flexible repayment options
Why Regions is an excellent choice
- Regions Financial Corporation, with $146 billion in assets, is a member of the S&P 100 Index and one of the nation's largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates 1,900 banking offices and approximately 2,300 ATMs. Its investment and securities brokerage trust and asset management division, Morgan Keegan & Company Inc., provides services from over 300 offices. Additional information about Regions and its full line of products and services can be found at www.regions.com
- A streamlined PLUS application experience for parents, including an online endorser process to help applicants who are not approved on the basis of their own credit
- Easily manage payments for multiple Sallie Mae®-serviced student loans on one bill with combined billing
- Join Upromise® at www.upromise.com and use the rewards you earn on your everyday purchases to help automatically pay down your Sallie Mae-serviced loans with Upromise Loan Link® 3
1,2,3 Learn how to earn the borrower benefit and other important information.
Learn how to earn these benefits
Apply for a - Federal Parent PLUS Loan