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Can a parent borrower request the PLUS loan be cancelled?

April 26, 2017borrower cancelled loan parent Plus request

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Can a parent borrower request the PLUS loan be cancelled?

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A. PLUS Loan borrowers have the right to cancel their loan disbursements within 14 days of the disbursement notice. Should you decide to cancel the disbursement of your PLUS Loan, you should contact the One Stop Center at Enrollmentservices@ltu.edu in writing within the specified time period. By canceling the disbursement, you will be responsible for any unpaid tuition and fees, as well as repayment of loan funds already paid to you.