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Are there other requirements for participation in the Federal Parent PLUS Loan Program?

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Are there other requirements for participation in the Federal Parent PLUS Loan Program?

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Parents borrowing under the Parent PLUS program may be required by the lender to provide evidence of credit worthiness and some borrowers may be required by the lender to secure an endorser for the Parent PLUS loan. Federal law requires that Parent PLUS loan borrowers must not have an adverse credit rating. All Parent PLUS loan disbursement checks will be sent to the school.

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