MU students whose financial aid package includes federal PLUS loans are still waiting for their checks, and many are relying on short-term loans from the university to make ends meet.
About $8.6 million worth of loans through the Parent Loan for Undergraduate Students program are still awaiting processing by MU’s financial aid office. The delay is caused by MU’s new student information system, myZou. Because PLUS loans are made to parents, the system has had to process a great deal of information about recipients.
See the whole story in the Columbia Missourian.