Yes. To be eligible for a Direct PLUS Loan, you and your parents must also meet the general eligibility requirements for federal student aid as described in the PELL FAQ except that you do not have to demonstrate financial need.Your parents will also have to pass a credit check. If they do not pass the credit check, they might still be able to receive a loan if someone, such as a relative or friend who is able to pass a credit check, agrees to “endorse” the loan, that is, promises to repay it if your parents fail to do so. Your parents might also qualify for a loan without passing a credit check if they can demonstrate that unusual financial circumstances exist.
