🏫 College Advising

Which of the following is a key distinguishing factor for eligibility for a Federal Direct PLUS Loan (for parents or graduate students) compared to a Federal Direct Stafford Loan?

A Demonstrated financial need
B Enrollment at least half-time
C A credit check
D Submission of the CSS Profile

✓ Correct Answer: Option C

Unlike Stafford (subsidized/unsubsidized) loans, Federal Direct PLUS Loans require a credit check for the borrower (parent or graduate student) to ensure there is no adverse credit history.

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