In the event the borrower is denied the PLUS loan, they will have the option to either;
(1) appeal the decision, or
(2) Obtain an endorser (cosigner), or
(3) No action - still becomes eligible for additional unsubsidized direct loans.
If you choose to appeal the decision the process begins online at https://studentaid.gov/appeal-credit where you will be asked to document your extenuating circumstances. Appeals can take up to two weeks to process so make sure to plan accordingly. If approved, you will be notified by Federal Student Aid and our office will receive notification next day. You MUST also complete online PLUS Credit Counseling.
If you choose to obtain an endorser (co-signer) you will follow the same general process as above by documenting your extenuating circumstances at https://studentaid.gov/appeal-credit. If approved, you will need a credit-worthy co-signer and have them complete both a Master Promissory Note (MPN) and Co-Endorser addendum.
PLEASE NOTE: When applying with a co‐signer, your co‐signer will need to request the amount of loan they are approving on their addendum. A Co‐Endorser addendum is only approved once, meaning incorrect information will have to be discarded and the process will start all over. You MUST also complete online PLUS Credit Counseling and a new PLUS MPN.
If you are denied for a Federal Parent PLUS Loan and take no further action, the student will be offered additional unsubsidized direct loans ($4,000 for freshmen and sophomores; $5,000 for juniors and above).