Can parents and graduate and professional degree students with PLUS Loans ever have their loan discharged or canceled??
These rules apply to Stafford and PLUS Loans (for parents and graduate and professional degree students): • A PLUS Loan cannot be discharged because you or the student didnt complete your program of study at your school (unless you or the student couldnt complete the program because the school closed). • A PLUS Loan cannot be canceled because you or the student didnt like the school or the program of study. • A PLUS Loan cannot be canceled because you or the student didnt obtain employment after completing the program of study.
Related Questions
- Can parents and graduate and professional degree students with PLUS Loans ever have their loan discharged or canceled??
- Can my parents or graduate and professional degree students defer repayment of their PLUS Loan?
- When do parents and graduate and professional degree students begin repaying a PLUS Loan?