Get the free Pre-application for Federal Direct Parent PLUS Loan 2012/2013 - franklinpierce
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This document collects information required for parents to apply for a Parent PLUS loan through Franklin Pierce University, including personal details and financial information necessary to process
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How to fill out pre-application for federal direct
How to fill out Pre-application for Federal Direct Parent PLUS Loan 2012/2013
01
Gather necessary information including your FSA ID, Social Security number, and other personal financial information.
02
Visit the official Federal Student Aid website to access the Pre-application for the Parent PLUS Loan.
03
Log in using your FSA ID and complete the required sections detailing your information as a parent borrower.
04
Review your child's school information and enter the requested details accurately.
05
Indicate the desired loan amount and the academic year for which you are applying.
06
Review the terms and conditions of the loan agreement.
07
Submit the completed pre-application form electronically after verifying all information is correct.
Who needs Pre-application for Federal Direct Parent PLUS Loan 2012/2013?
01
Parents of dependent undergraduate students who need to borrow funds to help pay for college expenses.
02
Parents who want to take out a loan to cover the cost of attendance after other financial aid has been applied.
03
Parents who have students enrolled at an eligible college or university and are seeking additional financial support.
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People Also Ask about
Who doesn't qualify for a parent PLUS loan?
To be eligible for a Direct PLUS Loan for parents, you must be a biological or adoptive parent (or in some cases a stepparent), not have an adverse credit history, and meet the general eligibility requirements for federal student aid (which the child must meet as well).
What is the difference between a parent PLUS loan and a direct PLUS loan?
One of the biggest benefits of Parent PLUS Loans is that they allow parents to borrow up to the cost of attendance to help their child pay for college. Another pro is that there are no minimum credit score requirements.
How hard is it to get approved for a parent PLUS loan?
PLUS loans don't require good credit, making them an ideal option for low-credit borrowers. However, you can't have an adverse credit history, such as bankruptcies or loan defaults within the past five years.
What disqualifies you from a parent PLUS loan?
Adverse Credit History Credit history is a major factor in being approved for this loan. To qualify for a PLUS loan, you cannot have an adverse credit history. Credit history is a summary of your financial strength, including your history of paying bills and your ability to repay future loans.
Why would someone be denied a parent PLUS loan?
If you're a parent or graduate student seeking a Direct PLUS Loan, one of the requirements to qualify is that you must not have an adverse credit history. If your application is denied because of an adverse credit history, don't give up. You still have options.
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What is Pre-application for Federal Direct Parent PLUS Loan 2012/2013?
The Pre-application for Federal Direct Parent PLUS Loan for the 2012/2013 academic year is a form that allows parents of dependent undergraduate students to request a loan to help cover educational expenses.
Who is required to file Pre-application for Federal Direct Parent PLUS Loan 2012/2013?
Parents of dependent undergraduate students who wish to borrow money for their child's education expenses must file the Pre-application for the Federal Direct Parent PLUS Loan.
How to fill out Pre-application for Federal Direct Parent PLUS Loan 2012/2013?
To fill out the Pre-application, parents should provide personal information such as their Social Security number, financial information, and information regarding the student for whom the loan is being requested.
What is the purpose of Pre-application for Federal Direct Parent PLUS Loan 2012/2013?
The purpose of the Pre-application is to assess the parent's eligibility for borrowing funds to help pay for their child's educational costs through the Federal Direct Parent PLUS Loan program.
What information must be reported on Pre-application for Federal Direct Parent PLUS Loan 2012/2013?
The information required includes the parent's financial details, the student's enrollment status, and other relevant personal and identifying information.
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