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Federal Direct PLUS Loans for Parents Many families find that their educational expenses exceed the aid in their child s financial aid package. One of the best options for addressing this gap is a

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What is federal direct plus loans?

Federal Direct PLUS Loans are federal loans that graduate or professional students and parents of dependent undergraduate students can use to help pay for college or career school.

Who is required to file federal direct plus loans?

Parents of dependent undergraduate students or graduate/professional students who are enrolled at least half-time at a participating school.

How to fill out federal direct plus loans?

To apply for a Federal Direct PLUS Loan, you must complete the Free Application for Federal Student Aid (FAFSA) form and then complete a Direct PLUS Loan Application and Master Promissory Note (MPN).

What is the purpose of federal direct plus loans?

The purpose of Federal Direct PLUS Loans is to help cover the costs of higher education expenses not covered by other financial aid.

What information must be reported on federal direct plus loans?

Information such as the borrower's identification, school information, loan amount requested, and credit information must be reported on Federal Direct PLUS Loans.

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