Answers To Your College Loan Questions
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If your parent is unable to appeal the credit decision or use an endorser, the student will become eligible to borrow additional unsubsidized loans based on the PLUS denial..
If you still need additional loans to finance the remaining college costs, the main choices are a federal PLUS loan (for the parent) or a private education loan (for the
Federal student loans are eligible for income- based repayment and public service loan forgiveness, while private student loans are not.. The unsubsidized Stafford and PLUS loans
If a parent is denied a Parent Loan, the university you are attending may process a unsubsidized Stafford Loan for the student
• If the Parent PLUS Loan is credit denied, and you choose that you no longer wish to pursue the Parent PLUS Loan, the student will be considered for additional Unsubsidized
Independent students and dependent undergraduate students whose parent has been denied a Parent PLUS loan ( see PLUS Loan section ) are also eligible for the following
If parents cannot borrow a Direct PLUS Loan because the federal processor has denied their application, the dependent undergraduate student may be eligible to borrow additional
If the parent is not credit worthy and cannot obtain a PLUS loan, the student can borrow an additional $4,000 per year in Federal unsubsidized loans for the first and second years of