Denied for parent Plus loan. What now?

GreenTeaFanatic
Wed, 03 Aug 2016 02:44:55 +0000

The only thing the college website says about being denied for a plus loan is this:

-Parent may choose to obtain an endorser and complete PLUS Counseling;
-Appeal the credit decision by providing the U.S. Department of Education with documentation of extenuating circumstances and complete PLUS Counseling;
-Not to pursue a Direct PLUS Loan at this time, which allows eligible students to receive up to $4,000 or $5,000 in an “additional” Unsubsidized loan depending upon the student’s grade level
-Indicate a response of Undecided, which will prompt the school to take no further action on the Direct PLUS Request nor award the student “additional” Unsub.