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News You Can Use: Update on Direct PLUS Loan Reconsideration Process

August 20, 2013

FSA has identified additional applicants (not previously notified) who may be likely to be approved if they request reconsideration of their initial Direct PLUS Loan denial. Last week, these additional applicants began receiving notices of their opportunity to seek reconsideration.  They will be identified on each school’s PLUS Loan Reconsideration Report.

FSA cannot guarantee that these applicants will be approved for a Direct PLUS Loan, but their experience in conducting this type of special outreach has shown that most targeted applicants are subsequently approved for Direct PLUS Loans, even if nothing in their credit report has changed.

For full details, please view this article from FSA:

Update to Direct PLUS Loan Reconsideration Process

Amy Moser, Southern Regional Director, Nelnet Partner Solutions

Amy Moser, Southern Regional Director, Nelnet Partner Solutions

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