What if my efc is higher than the coa?

Paying for College
1

<p>Will I still be eligible for the parent plus loan? What about the federal subsidized/unsubsidized loans for students?</p>

2

<p>Student will be eligible for unsubsidized stafford loan.
You will be eligible for plus loan up to coa.</p>

3

<p>See [Direct</a> Loans?Parent PLUS Information](<a href=“http://www.direct.ed.gov/parent.html]Direct”>http://www.direct.ed.gov/parent.html)</p>

4

<p>Your PARENTS may be eligible to take out a Plus Loan if they are willing and they qualify. It will be THEIR loan. IT will be their responsibility to pay back.</p>

<p>What are your parents saying?</p>

5

<p>Yeah, I meant would my parents be eligible.</p>

<p>When they say that demonstrated financial need is required, doesn’t that mean that the efc should be lower than the coa?</p>

6

<p>You can borrow money to pay your EFC.
However the total of the educational loans cannot exceed COA.
And yes, your parents will be liable for the Plus loans.</p>