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Federal Direct PARENT PLUS Loan Application/Authorization Student's Name: SSN: D.O.B.: The Federal Direct Parent PLUS Loan is available to credit-worthy parents of dependent, undergraduate students
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How to fill out federal direct parent plus

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How to fill out federal direct parent plus:

01
Gather all necessary documents, including the parent's and student's Social Security numbers, driver's license numbers, and income information.
02
Complete the Free Application for Federal Student Aid (FAFSA) form online or by mail.
03
Log in to the U.S. Department of Education's website using the parent's Federal Student Aid (FSA) ID.
04
Select the option to apply for a Direct PLUS Loan for parents.
05
Provide the requested information, such as the loan amount and the school the student will be attending.
06
Complete the Master Promissory Note (MPN) online, agreeing to the terms and conditions of the loan.
07
Review all the information entered and submit the application.

Who needs Federal Direct Parent PLUS:

01
Parents or legal guardians of dependent undergraduate students who need additional funds to cover educational expenses not covered by other financial aid.
02
The student must be enrolled at least half-time in an eligible degree or certificate program.
03
The parent must meet certain eligibility requirements, including not having an adverse credit history and being a U.S. citizen or eligible noncitizen.
04
It is important to note that the Federal Direct Parent PLUS loan is the responsibility of the parent, not the student, and repayment begins once the loan is fully disbursed.
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Federal Direct Parent PLUS is a loan program offered by the U.S. Department of Education that enables parents of dependent undergraduate students to borrow money to help pay for their child's education.
Parents or legal guardians of dependent undergraduate students are required to file the Federal Direct Parent PLUS loan application.
To fill out the Federal Direct Parent PLUS loan application, parents need to complete the application form available on the U.S. Department of Education's official website. They will need to provide their personal and financial information, as well as information about their child's school.
The purpose of Federal Direct Parent PLUS is to provide parents with financial assistance to help cover their child's educational expenses that aren't covered by other forms of financial aid.
Parents must report their personal information, income details, and employment information on the Federal Direct Parent PLUS loan application. They may also need to provide their child's school and enrollment details.
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