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Get the free Summer Session 2009 PLUS (Parent) Loan Application - financialaid illinoisstate

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This document is an application form for parents to apply for the Federal Direct PLUS Loan Program for their dependent students attending the summer session at Illinois State University.
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How to fill out Summer Session 2009 PLUS (Parent) Loan Application

01
Obtain the Summer Session 2009 PLUS (Parent) Loan Application form from your school's financial aid office or website.
02
Carefully read the instructions provided on the application form.
03
Fill out the borrower's information, including name, address, Social Security number, and date of birth.
04
Provide detailed information about the student for whom you are borrowing the funds, including their name and Student ID number.
05
Complete the financial information section, including your income and any other relevant financial data.
06
Review the terms and conditions of the loan, including interest rates and repayment options.
07
Sign and date the application to certify that all provided information is accurate.
08
Submit the completed application to the designated financial aid office or lender by the specified deadline.

Who needs Summer Session 2009 PLUS (Parent) Loan Application?

01
Parents of dependent undergraduate students who need to borrow additional funds to cover educational expenses for the Summer Session 2009.
02
Families looking to finance tuition, fees, and other associated costs for their child's summer education.
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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.
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.
Parents who will be taking out a parent plus loan on behalf of their student to cover Summer or Intersession tuition, should follow the instructions and submit the Parent Plus Loan Form for the correct term.
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).
In general, you will be denied if you have adverse credit consisting of any of the following: Bankruptcy discharge within the past five years. Voluntary surrender of personal property to avoid repossession within the last five years. Collateral repossession within the past five years.

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The Summer Session 2009 PLUS (Parent) Loan Application is a financial application that allows parents of dependent undergraduate students to apply for a PLUS loan to cover tuition and associated costs for the summer academic session.
Parents of dependent undergraduate students who wish to borrow funds to help pay for their child's summer session tuition and educational expenses are required to file the Summer Session 2009 PLUS (Parent) Loan Application.
To fill out the Summer Session 2009 PLUS (Parent) Loan Application, parents should gather necessary financial information, complete the application form accurately, and submit it to the appropriate financial aid office at the student's institution.
The purpose of the Summer Session 2009 PLUS (Parent) Loan Application is to provide a means for parents to secure financial assistance to pay for their child's summer education costs, thereby ensuring access to necessary courses and resources.
The information that must be reported on the Summer Session 2009 PLUS (Parent) Loan Application includes the parent's financial information, the student's details, the requested loan amount, and any other required personal and educational information outlined in the application.
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