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Plus Loan Denial

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Posted 7 months ago

 

If a parent is denied a plus federal undergraduate loan, I was told that the student may become eligible to recive an addition stafford loan. I am going to be a junior so the limit would be $5,000. If I request the the maximum of $5,000 are there any possible reasons why I would not be permitted to request that amount.


 


I am asking because in the past, my family had  been turned down for the plus loan. I requested an additional stafford loan of $4,000 but I was only provided with $355. I'm not sure if this was a mistake or not.

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Rate This | Posted 7 months ago

 

It all depends on your school and they`re requirments. For example. GPA and enrollment status are some factors of determining the amount of money you actually get.