Student Loan PLUS Auction Cancelled

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The U.S. Department of Education issued a statement on April 10, 2009, stating: "...it (USDE) is cancelling the (PLUS) auction that was scheduled to occur on April 15, 2009. During the 2009-10 and 2010-11 award years, Parent PLUS loans under the Federal Family Education Loan program may be made by any eligible lender to parents of students attending eligible educational institutions in any State."

This means that parents may choose their lender for PLUS loans, may begin submitting applications, and that schools can start processing applications. Please call the Vantage Student Loans Department at 314.298.0055 or 800.522.6009 with any questions you may have.

Learn more about Student Loans at Vantage Credit Union.

 

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A link to a related story: http://chronicle.com/news/article/6286/education-dept-cancels-plus-loan-...

Submitted by Anonymous (not verified) on Mon, 04/13/2009 - 2:45pm.

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