<p>Ah, but Cosmos is still an undergrad, hence the loan would be in her parents name and the checks would be sent directly to the school.</p>
<p>Cosmos, have you already borrowed to your full Stafford limits? If not, and you can swing the additional amount on your monthly payment, that may also be an option. There is a calculator that shows your monthly payments and the total amount of interest paid back for Stafford vs PLUS loans at [FinAid</a> | Calculators | Stafford vs. PLUS Loan Comparison Chart](<a href=“http://www.finaid.org/calculators/staffordplus.phtml]FinAid”>http://www.finaid.org/calculators/staffordplus.phtml)</p>