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Get the free 2011-2012 Direct PLUS Loan Request Form - augustana

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This document is for parents applying for a Federal Direct PLUS Loan for the 2011-2012 academic year to cover educational expenses of their dependent child attending Augustana College.
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How to fill out 2011-2012 Direct PLUS Loan Request Form

01
Obtain the 2011-2012 Direct PLUS Loan Request Form from the Federal Student Aid website or your school's financial aid office.
02
Read the instructions carefully to understand the information required.
03
Fill in your personal information at the top of the form, including your name, Social Security number, and address.
04
Indicate your school identification number, if applicable, and the name of the school you plan to attend.
05
Select whether you are applying for a Parent PLUS Loan or a Graduate PLUS Loan.
06
Provide information about the loan amount you are requesting and the academic year.
07
Read and sign the certification statement at the end of the form to confirm the truth and accuracy of your application.
08
Submit the completed form to the appropriate lender or your school's financial aid office as instructed.

Who needs 2011-2012 Direct PLUS Loan Request Form?

01
Parents of dependent undergraduate students who need assistance paying for college expenses.
02
Graduate or professional students who require additional funds for their education.
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People Also Ask about

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.
Direct PLUS Loans for Parents These loans are eligible for PSLF only if they've been consolidated into a Direct Consolidation Loan and are being repaid under the Income-Contingent Repayment (ICR) plan.
Note: A Direct PLUS Loan is commonly referred to as a parent PLUS loan when made to a parent, and as a grad PLUS loan when made to a graduate or professional student. Begin your Direct PLUS Loans application online.
Direct PLUS Loans for Parents These loans are eligible for PSLF only if they've been consolidated into a Direct Consolidation Loan and are being repaid under the Income-Contingent Repayment (ICR) plan.
No more PLUS loans. Higher interest Grad and Parent PLUS loans — that allow graduate students and parents (of undergraduate students) to borrow up to the cost of attendance (minus other aid) once other federal loan limits are reached — would be eliminated.
The U.S. Department of Education makes Direct PLUS Loans to eligible parents through schools participating in the Direct Loan Program. (We also offer PLUS loans for graduate or professional students.) A Direct PLUS Loan is commonly referred to as a parent PLUS loan when made to a parent borrower.

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The 2011-2012 Direct PLUS Loan Request Form is a document used by parents of dependent undergraduate students or graduate/professional students to apply for a Direct PLUS Loan to help pay for educational expenses.
Parents of dependent undergraduate students or graduate/professional students who wish to obtain additional funding for education through a Direct PLUS Loan are required to file this form.
To fill out the form, borrowers must provide personal information such as their name, Social Security number, address, and details about the student’s education. They must also consent to a credit check and provide information regarding the loan amount requested.
The purpose of the form is to facilitate the application process for Direct PLUS Loans, allowing parents or graduate students to borrow money to cover educational expenses not met by other financial aid.
The information that must be reported includes borrower information (name, Social Security number, address), the student's details (name and school), loan amount requested, and the completion of a credit check consent.
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