I see, I have another question regarding the PLUS loan application of the Direct Loan Program for parents, what can I do with the funds or products of this loan when it is approved?
This loan allows you to authorize your school to use the funds of the loan to pay for any other charges that arise and are related to your child's education. This is after tuition, fees and room and board have been paid
And do I have to authorize my school to do this?
No, you are not required to authorize your school to do this