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What happens if a parent is denied a PLUS loan?

Denied happens loan parent Plus
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What happens if a parent is denied a PLUS loan?

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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 Financial Aid Office 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. • Will I continue to receive the DWU’s institutional scholarships that I was awarded when I was first admitted to DWU throughout years at DWU? You would keep the scholarships you received at DWU for a maximum of 10 semesters as long as you meet the criteria for each scholarship received. • What is included in college costs? Included are direct cost and the indirect cost. Direct cost is what DWU posts to a student’s bill such as tuition. Indirect cost can be things like transportation and personal cost (toothpaste, shampoo, clothing, etc) that the student is not directly billed by DWU. • Are graduate students eli

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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 financial aid office 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. • Will I continue to receive the DWU’s institutional scholarships that I was awarded when I was first admitted to DWU throughout years at DWU? You would keep the scholarships you received at DWU for a maximum of 10 semesters as long as you meet the criteria for each scholarship received. • What is included in college costs? Included are direct cost and the indirect cost. Direct cost is what DWU posts to a student’s bill such as tuition. Indirect cost can be things like transportation and personal cost (toothpaste, shampoo, clothing, etc.) that the student is not directly billed by DWU. • Are graduate students e

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