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This document is a pre-application form for the William D. Ford Federal Direct PLUS Loan, meant for parents and graduate students to apply for funding for educational expenses at the University of
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How to fill out William D. Ford Federal Direct PLUS Pre-Application
01
Visit the official Federal Student Aid website.
02
Select the option for the William D. Ford Federal Direct PLUS Loan application.
03
Log in using your FSA ID, or create one if you do not have it.
04
Choose whether you are applying for a graduate student or parent PLUS loan.
05
Fill out personal information such as name, address, and Social Security number.
06
Indicate the loan amount requested.
07
Provide information about the school your child or you are attending.
08
Complete the credit check consent section.
09
Review all the entered information for accuracy.
10
Submit the application.
Who needs William D. Ford Federal Direct PLUS Pre-Application?
01
Parents of dependent undergraduate students who wish to help finance their child's education.
02
Graduate or professional students who need additional funding for their education.
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People Also Ask about
Do I have to pay back a federal subsidized loan?
All Direct Subsidized Loans and Direct Unsubsidized Loans have a loan fee. The loan fee is a percentage of the loan amount and is proportionately deducted from each loan disbursement. The percentage for all Direct Subsidized and Unsubsidized loans first disbursed on or after Oct. 1, 2020, is 1.057%.
Is a federal direct subsidized loan free?
Which loans are eligible for loan forgiveness? Only Federal Direct Loan Program loans that are not in default are eligible for PSLF (ie - Direct Subsidized Loans, Direct Unsubsidized Loans, Direct PLUS Loans, Direct Consolidation Loans).
Do I have to pay back a federal direct subsidized loan?
To qualify for a parent Direct PLUS loan, your child must be an undergraduate student enrolled in an eligible college at least half time. You also have to pass a credit check or you may have to apply with a cosigner.
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What is William D. Ford Federal Direct PLUS Pre-Application?
The William D. Ford Federal Direct PLUS Pre-Application is a form that allows parents or graduate/professional students to apply for federal student loans known as PLUS loans, which help cover educational expenses.
Who is required to file William D. Ford Federal Direct PLUS Pre-Application?
Parents of dependent undergraduate students or graduate/professional students seeking additional financial aid to cover costs beyond their other federal student loans are required to file this pre-application.
How to fill out William D. Ford Federal Direct PLUS Pre-Application?
To fill out the pre-application, you need to provide personal information such as your Social Security number, income details, and information about your child’s school. This is typically done through the federal student aid application website.
What is the purpose of William D. Ford Federal Direct PLUS Pre-Application?
The purpose of the pre-application is to determine eligibility for the Direct PLUS Loan program and to enable borrowers to request a loan to cover educational costs that are not met by other financial aid.
What information must be reported on William D. Ford Federal Direct PLUS Pre-Application?
The information required includes the borrower's and student's personal identification details, financial information, the amount requested, and details about the educational institution.
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