Parents PLUS Loan

<p>Does anyone know how does this loan work? Do my parents have to pay it back while I'm in school or just like my other student loans (Perkins, stafford loans) they pay it back when I graduate from school so I can take care of it. Someone please help me with this. I am so confused now :/</p>

<p>Parent Plus loans are not subsidized and interest accrues at 7.9%. Parents can request the loan be deferred while the student attends at least half time. Finaid.org has good info that will explain this in detail:
[FinAid</a> | Loans | Parent Loans](<a href=“Your Guide for College Financial Aid - Finaid”>Parent Loans - Finaid)</p>