Update Parent PLUS Borrower Info - Current Students - students asu 2025

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Note: You can request an increase in the amount of a Direct PLUS Loan you previously requested if its for the same school and same award year. The loan cant exceed the cost of attendance (COA) minus other aid.
In the Financial aid section, you should select Accept/Decline Awards, then the aid year you wish to review. You can check the box next to each Direct Loan you would like to accept. The accepted field will then open and you can make adjustments to your loan amounts.
From the email: there is not an option to accept or decline an offer of the PLUS parent loan, as your parent would need to apply for this loan and be approved first before we will accept it for them if they are approved. It went on and gave instructions on how to get approved.
First, your student must grant you Parent Guest access to My ASU. Then: Log in to My ASU, Guest Access Tab, with your parent ASURITE User ID, and click on the Accept Parent PLUS Loan link. If you have more than one student attending ASU, make sure you are viewing the correct student.
Yes, your Parent PLUS Loan can be transferred to your child. The best way is to refinance the loan with a private lender under your childs name. Not all lenders offer the option to refinance Parent PLUS Loans in another borrowers name, so check with the lender beforehand to see if this is available for you.
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Loan Adjustments Adjustments to the amount you borrow can take place within certain guidelines. To increase a loan simply complete a new loan application with the student loan lender of your choice.
If you would like to increase the loan amount you accepted, you can visit the student aid adjustment page to submit an aid adjustment form. Select the aid type you would like to request more of, then select Increase.
Contact your lender: Begin by reaching out to your lenders customer service to request changes in your loan details. Have your loan account number handy for a smooth process.

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