Parent PLUS Loan Help?

<p>When checking my financial aid for this fall semester, I received a parent plus loan amount for each semester. My parents don't help me pay for college and I've already received the max subsidized/unsubsidized amount. I'm not sure even if I apply for the parent plus that my mom will get accepted, so here's my question. If she does get accepted, can I cancel it or anything of that sort since the funds won't be disbursed until 10 days before classes start? This way if she does get rejected I can get more loans. Thanks in advance.</p>

<p>Yes… Your mom can apply, but she does not have to accept any part of the loan. Even if she got accepted for 10,000 and she only needed 3000, she can reject all or part of the loan.<br>
Many people have their parents apply, knowing they will be rejected, only to get more stafford loans.</p>

<p>You only get an additional $4K for the year if your parents are not approved for the Parent Plus. Will that be sufficient to cover your costs?</p>