I am a parent and plan to borrow a Parent PLUS Loan for my student for the Summer Session 2010 and/or the 2010 – 2011 academic year. What should I do this year?
You should apply only through the U.S. Department of Education. When you apply for the Parent PLUS Loan, Financial Aid Services submits your information to the U.S. Department of Education. The U.S. Department of Education will do a credit check and then notify you by mail of your Parent PLUS Loan approval or denial. Visit the following link to learn more about the Federal Direct Parent PLUS Loan. For MSU’s Parent PLUS application, please see the following links: 2011 – 2012 Academic year- coming soon! Summer 2011 PLUS Application & Authorization Form – coming soon!
Related Questions
- As a parent, if I borrow a Direct Parent PLUS Loan for my student, how can I get funds from that for my student’s books and/or living expenses? Can the refund be sent directly to my student?
- If a students parent applies for the Parent Plus Loan and is denied, or if the student is independent, can s/he borrow the additional Unsubsidized Stafford Loan?
- How much can a parent or graduate and professional degree student borrow under the PLUS Loan program?
