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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?

April 26, 2017applies borrow Denied independent loan parent Plus student

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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?

1 Answer

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Yes, they could be eligible to borrow up to $4,000 for freshmen/sophomores and $5,000 for juniors/seniors depending on their financial assistance package and financial need.