Through the Direct PLUS Loan for parents, do I get the funding paid directly to me or does it go to the student?
You can designate where the funds go to, either to yourself or to the student, it depends on yourself
What can I do with the proceeds of the Direct PLUS Loan once 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