Parent PLUS Loan Eligibility Criteria
Parent PLUS Loan Eligibility Criteria: Am I eligible for a parent PLUS loan? This question will be in everyone’s mind. Because it is the dream of every parent that their child gets a good education and they move forward. That’s why parents do not let their children lack anything. Let us know the complete information about Direct PLUS Loans / Federal Student Aid ligibility criteria.
Parent PLUS Loan Eligibility Criteria:
Direct PLUS Loans or Parent PLUS Loans are federal loans that parents of dependent undergraduate students can use to help pay for college or career school. Let us inform you that PLUS loans can help pay for education expenses not covered by other financial aid. Let us know what is Parent PLUS Loan Eligibility Criteria? And also know the answer to the question Am I eligible for a parent PLUS loan?
Am I eligible for a parent PLUS loan?
If this question also comes in your mind that, “Am I eligible for a parent PLUS loan?” So today we have brought for you complete information about Parent PLUS Loan Eligibility Criteria. You can get instant approval by fulfilling these Parent PLUS Loan Eligibility Criteria given below.
1- The parents of the dependent undergraduate student applying for the loan should be his/her biological or adoptive parents.
2- A step-parent is also eligible, as long as he or she is currently married to the student’s legal or biological parent.
3- A legal guardian, grandparent, or other family member cannot request this Federal Parent PLUS loan.
4- For Parent PLUS loan, the legal guardian has to be in the U.S. Must be agreed to by the Department of Education and pass a credit check.
5- Let us tell you that the applicant for the Parent PLUS loan must be a US citizen or an eligible non-citizen.
6- To complete the Parent PLUS loan confirmation process, you will need to submit a signed letter and document of your citizenship.
7- If you are not a U.S. Citizen or Eligible Non-Citizen, you are not eligible to apply for the Parent PLUS loan.
8- If a parent is in default on a federal loan, it must submit all documentation of its default status.
9- For More Info visit: Federal Student Aid – An official website of the United States government.
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