What happens if the PLUS Loan is denied?
Your parents will receive notification from the Direct Loan Origination Center of a credit denial. This letter will outline the options available. The OSFA will also notify your parents. Should they not wish to pursue any of the options outlined and want you to take out an unsubsidized loan both you and your parents need to complete the form from the OSFA and return it to the OSFA. We will then process a loan in the student’s name.