Parents may apply for the Federal Parent Loan for Undergraduate Students (PLUS Loan), to help pay for their dependent undergraduate student's education expenses. This loan is not need based and requires a credit review. A parent must apply each year after completing the FAFSA to receive this loan. This loan also includes a fixed interest rate. Because PLUS loans are administered directly by the federal government, parents must complete the following steps.
Requested amounts will be disbursed to Meredith and applied to the student's account. If the amount requested exceeds the bill, the student will receive a refund check.