Get the free William D. Ford Federal Direct Parent PLUS Loan Application - bowdoin
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This document is an application form for parents of dependent students wishing to borrow a Parent PLUS loan for the 2012-2013 academic year at Bowdoin College.
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How to fill out william d ford federal
How to fill out William D. Ford Federal Direct Parent PLUS Loan Application
01
Visit the official Federal Student Aid website.
02
Log in with your Federal Student Aid (FSA) ID.
03
Navigate to the 'Apply for a Parent PLUS Loan' section.
04
Select the academic year for which you are applying.
05
Fill out the required personal information, including your name and Social Security number.
06
Provide information about the student for whom you are borrowing.
07
Indicate your desired loan amount.
08
Review your application for accuracy.
09
Submit the application electronically.
10
Await a decision on your application, which will be communicated via email or the FSA website.
Who needs William D. Ford Federal Direct Parent PLUS Loan Application?
01
Parents of dependent undergraduate students who need to cover educational costs beyond what is offered from other financial aid.
02
Families looking to finance the total cost of attendance including tuition, room, board, and other expenses.
03
Parents who want to help their children with college expenses and exhaust available federal student loans.
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People Also Ask about
What credit score do you need for a parent 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.
Is it difficult to get approved for a parent PLUS loan?
Unless you have current collections it's pretty easy to get approved for a parent loan, your credit score is fine. If you're declined you can appeal and prove you've paid off anything.
How to apply for a federal parent PLUS loan?
How to apply for a Parent PLUS Loan Start with the FAFSA® Fill out the Free Application for Federal Student Aid (FAFSA®). Apply online. You can apply directly online. Choose how much you want to borrow. Parent PLUS Loans are awarded for up to the total cost of attendance minus any financial aid your child has received.
What disqualifies you from 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.
What is a good credit score for a parent PLUS loan?
There is no minimum credit score required for a Parent PLUS Loan. However, borrowers cannot have an adverse credit history as defined by the U.S. Department of Education.
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What is William D. Ford Federal Direct Parent PLUS Loan Application?
The William D. Ford Federal Direct Parent PLUS Loan Application is a form that allows parents of dependent undergraduate students to apply for a federal loan to help pay for their child's education expenses.
Who is required to file William D. Ford Federal Direct Parent PLUS Loan Application?
The application must be filed by the parent of a dependent undergraduate student who is enrolled at least half-time in an eligible program at a participating school.
How to fill out William D. Ford Federal Direct Parent PLUS Loan Application?
To fill out the application, parents need to complete the online application at the Federal Student Aid website, provide personal information, financial details, and the student's information, and submit the application for review.
What is the purpose of William D. Ford Federal Direct Parent PLUS Loan Application?
The purpose of the application is to enable parents to secure funding to cover educational costs for their dependent child, including tuition, fees, room, and board.
What information must be reported on William D. Ford Federal Direct Parent PLUS Loan Application?
The application requires reporting of personal information such as the parent's Social Security number, income details, the student's identification information, and any other financial data as required by the application process.
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