H-1B parents generally cannot obtain Parent PLUS loans based on H-1B status alone, even when their child is a U.S. citizen. Families may still use FAFSA, student federal loans, institutional aid, 529 funds and other financing options. An H-1B parent may help a child complete the FAFSA, but that does not automatically make the parent eligible to borrow a federal Parent PLUS loan.
H-1B parents generally cannot obtain Parent PLUS loans based on H-1B status alone, even when their child is a U.S. citizen. Families may still use FAFSA, student federal loans, institutional aid, 529 funds and other financing options. An H-1B parent may help a child complete the FAFSA, but that does not automatically make the parent eligible to borrow a federal Parent PLUS loan.