Parent Plus Loan Refunding
Parent PLUS loans will first apply to all charges on the student’s account. If there are excess funds from the parent plus loan after paying off the student’s account, a refund will be issued to the student unless the parent borrower has requested the refund to be sent to them. If the parent borrower has requested the refund be sent to them, a check will be mailed to the address given on the Plus Loan application. The GVSU Banner system applies all payments to charges and determines how the funds will be disbursed.