<p>my friend really wants to go to maryland and his mom is even tapping into her retirement fund to get out some money. yes, i heard it was a bad idea but that's what she wants to do.</p>
<p>there is however, still some money that goes unpaid so they'll have to take out loans. his mom doesn't really have good credit, though. i heard student loans are, however, more lenient with that because..well it's for college, not for like a car. is this true, though?</p>
<p>what are his other options?? he can't confirm until he figures everything out, and he's been invited to markets and society. he's VERY worried that it's filled up...anyyyyyyy help would be GLADLY appreciated.</p>
<p>Parents can apply for a Parent Plus loan - if the loan is denied - it opens up other loan programs for the student. The student can take out student loans as well - and yes - the process is alot less lenient for them. All these loans are low interest also.</p>
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<p>my friend got denied the PLUS loan..that's how bad the credit was, i guess. if you're denied the PLUS loan, and with that credit, is there still a chance you can take out student loans? for these student loans, we all need a co-signer, also. this co-signer must be creditworthy.</p>
<p>how lenient are student loans, exactly?</p>
<p>Even with a denial of Parent Plus - the student can still apply for student loans - and try to use the parent - and if that does not work - then the student will need to kinda co-sign - the second person on the student loan doesn't have to have stellar credit - that is why to try the parent first - even if denied a Parent Plus.</p>
<p>okay, thanks soo much..i'll tell him to apply for private loans soon.</p>