PARENT LOAN, UP TO $35,000

    When the new Parent PLUS cap
    isn't enough.

    The 2026 Parent PLUS cap of $20,000 per year leaves a gap for families paying for high-cost programs. The LoanAmerica Parent Loan provides up to $35,000 to bridge that shortfall.

    WHO THIS IS FOR

    For the families the new cap leaves short.

    Families above the new $20,000 Parent PLUS cap

    When the federal cap leaves a shortfall against the cost of attendance.

    Parents paying for high-cost private institutions

    Private four-year schools where tuition routinely exceeds $50,000 per year.

    Co-signers for students with limited credit

    When a parent's credit profile unlocks better terms for a thin-file student.

    Multi-child households spreading the load

    Families funding two or more students through overlapping enrollment years.

    HOW IT WORKS

    Four steps from application to disbursement.

    1

    Apply

    Three minutes through the Loan Navigator.

    2

    Decision

    24 to 48 hours with full terms.

    3

    Certify

    The school confirms the cost of attendance.

    4

    Disburse

    Funds to the institution within 72 hours of approval.

    "Parent PLUS used to cover the full cost of attendance. Now it caps at $20,000 per year. Families need a real bridge."

    LoanAmerica Underwriting

    Ready to bridge the cap?

    Apply through the Loan Navigator or read the FAQ first.