Get the free Direct Loan Grad PLUS Borrower Certification Form - gcu

This form is used by students to request a Grad PLUS loan for the 2010-2011 school year, detailing the amount they wish to borrow and certifying the accuracy of the provided information.

How to fill out direct loan grad plus

How to fill out Direct Loan Grad PLUS Borrower Certification Form

1. Download the Direct Loan Grad PLUS Borrower Certification Form from the official website or your university's financial aid office.
2. Fill in your personal information, including your name, social security number, and student ID number.
3. Indicate the loan period for which you are requesting the Grad PLUS loan.
4. Provide information about your educational program and the name of your school.
5. Confirm your enrollment status, indicating your anticipated graduation date.
6. Sign and date the form at the bottom to certify that the information provided is accurate.
7. Submit the completed form to your school's financial aid office for processing.

Who needs Direct Loan Grad PLUS Borrower Certification Form?

1. Graduate or professional students who wish to apply for a Grad PLUS loan to cover their educational expenses.
2. Students who have exhausted their federal student loan limits and need additional funding.
3. Individuals enrolled in eligible graduate programs that meet the requirements for the Grad PLUS loan.

People Also Ask about

What is a direct parent PLUS loan for college?

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.

Are direct Grad PLUS loans eligible for forgiveness?

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.

Are direct plus loans eligible for forgiveness?

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.

What are the limitations of a direct PLUS loan?

Loan Amount Limits The maximum PLUS loan amount you can borrow is the cost of attendance at the school your child will attend minus any other financial assistance your child receives. The cost of attendance is determined by the school.

What are the negatives about the parent PLUS loan?

Drawbacks of the Parent PLUS Loan Discharge: Federal parent PLUS loans are rarely discharged for financial difficulties resulting from unemployment, age-related or other illnesses and injuries, or bankruptcy. Nontransferable: Parents cannot transfer the PLUS loan to their student to repay after they finish school.

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?

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.

Is a direct PLUS loan a good idea?

While these loans might seem like an easy way for parents to help their child with education costs, in far too many cases, they put the parent's financial security and retirement at risk.

Is a direct PLUS loan the same as a Grad PLUS loan?

Yes. Direct PLUS Loans are made to graduate or professional students and to parents of dependent undergraduate students. Like other Direct Loans, Direct PLUS Loans are eligible for PSLF. However, there are additional factors to consider if you are a parent who has taken out a PLUS loan.

Are grad plus loans eligible for loan forgiveness?

Yes. Direct PLUS Loans are made to graduate or professional students and to parents of dependent undergraduate students. Like other Direct Loans, Direct PLUS Loans are eligible for PSLF. However, there are additional factors to consider if you are a parent who has taken out a PLUS loan.

For pdfFiller’s FAQs

What is Direct Loan Grad PLUS Borrower Certification Form?

The Direct Loan Grad PLUS Borrower Certification Form is a document that students must complete to certify their eligibility for a Grad PLUS loan, which is a federal student loan available to graduate or professional students.

Who is required to file Direct Loan Grad PLUS Borrower Certification Form?

Graduate or professional students who wish to apply for a Grad PLUS loan must complete and file the Direct Loan Grad PLUS Borrower Certification Form.

How to fill out Direct Loan Grad PLUS Borrower Certification Form?

To fill out the Direct Loan Grad PLUS Borrower Certification Form, students should provide their personal information, including name, Social Security number, and school details, and ensure that all sections are accurately completed and signed.

What is the purpose of Direct Loan Grad PLUS Borrower Certification Form?

The purpose of the Direct Loan Grad PLUS Borrower Certification Form is to verify the borrower's enrollment status and cost of attendance, ensuring that they are eligible for the Grad PLUS loan.

What information must be reported on Direct Loan Grad PLUS Borrower Certification Form?

The information that must be reported on the Direct Loan Grad PLUS Borrower Certification Form includes the borrower's personal information, enrollment status, cost of attendance, and any other financial aid received.