Are there any resources that a parent can receive to help pay for a students education?
Yes! Parents may be interested in borrowing through a program called Parent Loans for Undergraduate Students (PLUS). This is a program that allows parents to borrow up to the cost of education less any other financial aid the student has been offered. However, the parent must be credit worthy and will be required to first complete the pre-approval process. At DWU, we do not require that a student have a completed FAFSA for a parent to apply for the PLUS loan. • What happens if a parent is denied a PLUS loan? The parent applying for a Parent Loan for Undergraduate Student (PLUS) can be denied for credit reasons. If that happens the student is eligible to borrow additional funds in the Stafford loan program. Contact the Financial Aid Office if you have done a pre-approval for a PLUS loan and have been denied. We will work with the student to get the additional Stafford loan for them. • Will I continue to receive the DWU’s institutional scholarships that I was awarded when I was first adm
Yes! Parents may be interested in borrowing through a program called Parent Loans for Undergraduate Students (PLUS). This program allows parents to borrow up to the cost of education less any other financial aid the student has been offered. However, the parent must be credit worthy and will be required to first complete the pre-approval process. At DWU, we do not require that a student have a completed FAFSA for a parent to apply for the PLUS loan. • What happens if a parent is denied a PLUS loan? The parent applying for a Parent Loan for Undergraduate Student (PLUS) can be denied for credit reasons. If that happens, the student is eligible to borrow additional funds in the Stafford Loan program. Contact the financial aid office if you have done a pre-approval for a PLUS loan and have been denied. We will work with the student to get the additional Stafford Loan for them. • Will I continue to receive the DWU’s institutional scholarships that I was awarded when I was first admitted to