Get the free 2012-13 Graduate/Professional Federal Direct PLUS Loan Application - utoledo

This document is an application for the Graduate/Professional Federal Direct PLUS Loan, requiring information about the borrower and instructions for processing the loan.

How to fill out 2012-13 graduateprofessional federal direct

How to fill out 2012-13 Graduate/Professional Federal Direct PLUS Loan Application

1. Gather necessary documentation, including your Federal Student Aid ID (FSA ID), Social Security Number, and information about your financial situation.
2. Visit the official Federal Student Aid website to access the 2012-13 Graduate/Professional Federal Direct PLUS Loan Application.
3. Complete the application form by providing personal information such as your name, address, date of birth, and other required details.
4. Indicate the loan amount you wish to borrow, keeping in mind the cost of attendance and any other financial aid you may receive.
5. Review your application for accuracy and completeness before submitting.
6. Submit the application online, ensuring you receive confirmation once it has been processed.

Who needs 2012-13 Graduate/Professional Federal Direct PLUS Loan Application?

1. Graduate and professional students who are enrolled at least half-time in an eligible program and require additional funding for their education expenses.
2. Students who have exhausted other financial aid resources, such as federal loans and grants.

People Also Ask about

What is the difference between a direct PLUS loan and a Grad PLUS loan?

The U.S. Department of Education makes Direct PLUS Loans to eligible graduate or professional students through schools participating in the Direct Loan Program. (We also offer Parent PLUS loans.) A Direct PLUS Loan is commonly referred to as a grad PLUS loan when made to a graduate or professional student.

Are graduate PLUS Loans eligible for forgiveness?

Grad PLUS Loans are also eligible for income-driven repayment plans, which cap your monthly payments at a percentage of your income and can lead to loan forgiveness after a certain period.

Are direct Grad PLUS loans eligible for forgiveness?

Comments Section The loan(s) for which you are seeking forgiveness must have been made before the end of your five academic years of qualifying teaching service. PLUS loans for parents and graduate or professional students aren't eligible for this type of forgiveness.

Are direct grad plus loans eligible for IDR?

All PLUS Loans are eligible for the Standard, Graduated, and Extended Repayment Plans. Grad PLUS loans are also eligible for income-driven repayment (IDR) plans.

What student loans are not eligible for forgiveness?

Only federal Direct Loans can be forgiven through PSLF. If you have other federal student loans such as Federal Family Education Loans (FFEL) or Perkins Loans you may be able to qualify for PSLF by consolidating into a new federal Direct Consolidation Loan.

Is a direct grad plus loan a federal loan?

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. PLUS loans can help pay for education expenses not covered by other financial aid.

What are the disadvantages of a direct PLUS loan?

What Are Some Reasons to Avoid PLUS Loans? First, PLUS loans have no automatic grace period. Then there's the fact they aren't eligible for most IDR plans. Then, borrowing too much is easy to do, and finally, they're nearly impossible to get out of, even in bankruptcy.

What disqualifies you from a Grad PLUS loan?

But during the Direct PLUS Loan Application process, you'll go through a credit check to confirm one specific requirement: not having an adverse credit history. a recent bankruptcy discharge, tax lien, wage garnishment, or foreclosure.

For pdfFiller’s FAQs

What is 2012-13 Graduate/Professional Federal Direct PLUS Loan Application?

The 2012-13 Graduate/Professional Federal Direct PLUS Loan Application is a form used by graduate and professional students to apply for a Federal Direct PLUS Loan to help pay for educational expenses. This loan is provided by the U.S. Department of Education and is intended to assist students in covering costs that exceed the amount provided by other financial aid.

Who is required to file 2012-13 Graduate/Professional Federal Direct PLUS Loan Application?

Graduate and professional students who wish to borrow a Federal Direct PLUS Loan must complete the 2012-13 Graduate/Professional Federal Direct PLUS Loan Application. Additionally, applicants must meet certain eligibility criteria, such as being enrolled in an eligible graduate or professional program and not having an adverse credit history.

How to fill out 2012-13 Graduate/Professional Federal Direct PLUS Loan Application?

To fill out the application, students should visit the official studentaid.gov website and access the Direct PLUS Loan application section. The form will require personal information, such as Social Security number, school information, and financial details. Applicants must also agree to a credit check as part of the application process.

What is the purpose of 2012-13 Graduate/Professional Federal Direct PLUS Loan Application?

The purpose of the 2012-13 Graduate/Professional Federal Direct PLUS Loan Application is to allow eligible graduate and professional students to request federal funding to cover educational costs not met by other financial aid sources. This form is essential for students seeking financial support for tuition, fees, and living costs during their educational programs.

What information must be reported on 2012-13 Graduate/Professional Federal Direct PLUS Loan Application?

The application requires personal information including the applicant's name, address, Social Security number, date of birth, and information about the school the student plans to attend. Additionally, financial information regarding income and any outstanding loans is needed, as well as the applicant's consent for a credit check.