A parent is applying for a Federal Direct PLUS Loan to help cover their child's educational expenses. What is a key eligibility requirement for the parent?

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B) The parent must not have an adverse credit history.. Eligibility for a Direct PLUS Loan is primarily based on the borrower's credit history. Unlike other federal loans, PLUS loan borrowers generally cannot have an adverse credit history, though there are options for endorsers.

A parent is applying for a Federal Direct PLUS Loan to help cover their child's educational expenses. What is a key eligibility requirement for the parent?

✓ Correct Answer: Option B

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