<p>Your award has $39,150 in “gift” aid. They are offering you $5500 in loans, and offering your parents up to $5320 in loans. Also, you may earn up to $2800 during the year at a federal work-study job. </p>
<p>You cannot accept a Plus loan on behalf of your parents (and it doesn’t seem like they would need to borrow that much, if any). Your parents must apply for this loan if they want it. Idk what the other MD grant is but schools typically accept all grants on the student’s behalf anyway!</p>