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This document is a supplement application for the Federal Direct Parent Loan for Undergraduate Students (PLUS) that must be completed by parents to assist with their child's educational expenses.
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How to fill out 2013-2014 plus loan application

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How to fill out 2013-2014 PLUS LOAN APPLICATION SUPPLEMENT

01
Begin by downloading the 2013-2014 PLUS Loan Application Supplement form from the official website.
02
Fill in your personal information, including name, address, and Social Security number.
03
Indicate the type of PLUS loan you are applying for: Parent PLUS or Graduate PLUS.
04
Provide details about the student for whom you are borrowing the funds, including their name and school information.
05
Review the loan amount requested and ensure it aligns with the student's cost of attendance.
06
Sign and date the application form to confirm your agreement to the terms.
07
Submit the completed application to the appropriate federal loan processing center.

Who needs 2013-2014 PLUS LOAN APPLICATION SUPPLEMENT?

01
Parents of dependent undergraduate students who need financial assistance for their education.
02
Graduate or professional students who require additional funding for their studies.
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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.
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.
Parent PLUS loans can be a good alternative to private student loans because they offer more flexible repayment options. But Parent PLUS loans can be costlier than other options, and consequences are harsh for default, including the potential for wage and Social Security garnishment.

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The 2013-2014 PLUS Loan Application Supplement is an additional form required for parents of dependent students or graduate/professional students to apply for a PLUS loan to cover education costs for the academic year specified.
Parents of dependent undergraduate students or graduate/professional students who wish to apply for a PLUS loan need to file the 2013-2014 PLUS Loan Application Supplement.
To fill out the 2013-2014 PLUS Loan Application Supplement, applicants must complete the required sections with accurate personal information, including the borrower's information, student's information, and any required financial details.
The purpose of the 2013-2014 PLUS Loan Application Supplement is to collect necessary information from borrowers to determine their eligibility for PLUS loans and to facilitate the loan application process.
The information that must be reported on the 2013-2014 PLUS Loan Application Supplement includes personal identification information of the borrower, the student's identification details, and financial information to assess eligibility.
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