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Questions about specific SLRP loan

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  • Questions about specific SLRP loan

    Does anyone know if SLRP covers Parent PLUS loans? They are loans taken out in the parents names for a student.

    The memorandum that I have in front of me from my recruiter says that "Federal Plus-Loans are now eligible"

    I'm asking because I'm pretty sure there are different types of PLUS loans and just want to make sure the loan will be repayed if I take it out.

    Also I have read on a couple posts that only 15% or $500 is payed back under this program a year. Can someone confirm this?