A credit check will be performed during the application process. If you have an adverse credit history, you might have been denied. You may still be able to get a PLUS loan if you do one or both of the following:
- Obtain an endorser who does not have an adverse credit history. If you are a parent contributor borrower, the endorser cannot be the child on whose behalf you are borrowing.
- Document to the satisfaction of US Department of Education, the extenuating circumstances that relate to your adverse credit history.
Once you have completed option 1 or 2 above, click on Parent Borrowers at PLUS Credit Counseling to complete mandatory credit counseling.