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What happens if a parent is denied a parent loan?

April 26, 2017Denied happens loan parent

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What happens if a parent is denied a parent loan?

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A. 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 Office of Financial Aid 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.