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Direct PLUS loans are designed primarily for graduate students and parents of dependent undergraduate students, and they typically do not require a cosigner. However, if the borrower has an adverse credit history, they may need to provide an endorser, which is similar to a cosigner. In such cases, the Direct Loans Endorser Addendum comes into play to formalize the endorser's role and responsibilities. It's essential to review your options carefully, and platforms like US Legal Forms can help simplify the application process.
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