Why hasn the Parent PLUS Loan disbursed to my Bursars Office account?
The parent who submitted the Parent PLUS Application must also complete the on-line Parent Master Promissory Note (MPN). Until the MPN is completed funds will not disburse to NIU. 10. My parent was approved for the Parent PLUS Loan but wants to know how to cancel the application. You can cancel the loan, as long as it has not disbursed to NIU, on MyNIU. If it has disbursed the parent borrower will need to contact the NIU Student Financial Aid Office.
