Yes, your parent can cancel their Parent PLUS loan after they have applied. The necessary actions differ depending on if the Parent PLUS loan has disbursed (i.e., paid out).
- You (the student) submit a Parent PLUS Loan Action Request. This step will initiate a Parent PLUS Loan Action Form on your parent’s My ASU guest access.
- Your parent submits the Parent PLUS Loan Action Form from their My ASU guest access. The form will be located under Finance Tasks.
- The Parent PLUS Loan Action eForm can be submitted online. The PDF version of the Parent PLUS Loan Action Form can be returned by fax, mail or in-person at any Financial Aid and Scholarship Services location.
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