🏫 College Advising

Unlike other federal student loans that do not require a credit check, eligibility for a Federal Parent PLUS Loan is primarily dependent on which of the following factors?

A The parent's current employment status.
B The parent having no adverse credit history.
C The student's academic performance in high school.
D The parent's income exceeding a certain threshold.

✓ Correct Answer: Option B

Parent PLUS Loans require a credit check, and borrowers must not have an adverse credit history. This is a key difference from other federal student loans, which are not credit-based.

Related College Advising Questions