got a letter regarding my DIRECT PLUS loans..what?!

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
sangr
Posts: 459
Joined: Sun Jun 07, 2009 4:45 pm

got a letter regarding my DIRECT PLUS loans..what?!

Postby sangr » Mon Aug 06, 2012 4:15 pm

hi guys

after filling out student loans.gov promissory note and counseling test.

i just got an email saying ive been approved for the DIRECT PLUS loans (or something of the nature)

i just got two questions

1) does this mean ive been good for both grad plus AND the direct unsubsidized loans?

2) what do i do now? its too late to call my school on this day

would be appreciated!

thanks!

TaxLaw2010
Posts: 24
Joined: Fri Sep 04, 2009 12:22 am

Re: got a letter regarding my DIRECT PLUS loans..what?!

Postby TaxLaw2010 » Tue Aug 07, 2012 7:54 am

Grad Plus Loans are credit based, so you would receive a letter indicating approval of that loan. Stafford loans are non-credit based, so basically once you apply, you will receive that money once your school certifies the loans. Since there is no credit check for Stafford Loans, there is no approval of the loan.




Return to “Financial Aid”

Who is online

Users browsing this forum: No registered users and 2 guests