Who Qualifies For A Direct Plus Loan? (Hint: Choose Two Correct Answers)

 Two groups commonly qualify for Direct PLUS Loans:

  1. Graduate or Professional Students: Graduate or professional students enrolled in eligible programs can qualify for Direct PLUS Loans to cover educational expenses not covered by other financial aid.

  2. Parents of Dependent Undergraduate Students: Parents of dependent undergraduate students can also qualify for Direct PLUS Loans to help cover the cost of their child's education. These loans can be used to supplement other financial aid received by the student.

These loans typically require a credit check, and borrowers must not have adverse credit history to qualify.

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