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A: You do not need to apply For A Parent Plus Loan With A Co-Signer anymore as no financial intermediary or other private lender offers Parent Plus Student Loans. The only lender offering these loans is the federal financial aid office and applicants do not need a co-signer in case of federal loan.
Reduce or Cancel a Parent PLUS Loan. You (parent) should complete a Federal Direct Parent PLUS Adjustment Form to reduce or cancel a PLUS Loan. To avoid complication with the return of funds, it is recommended that you submit the form to our office for processing well before the funds disburse to the studentâs account.