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This document is a loan request form for the Federal Direct Graduate PLUS Loan for the academic year 2012-2013, including information on applicant consent, personal details, and compliance with FAFSA.
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How to fill out Federal Direct Graduate PLUS Loan Request Form
01
Obtain the Federal Direct Graduate PLUS Loan Request Form from the official student aid website or your school's financial aid office.
02
Read the instructions carefully to understand the form requirements.
03
Fill in your personal information, including your name, social security number, and school information.
04
Indicate the loan amount you are requesting and ensure it adheres to your school's limits.
05
Provide information about your credit history, as this loan may require a credit check.
06
Review your entries for accuracy and completeness.
07
Sign and date the form to authenticate your request.
08
Submit the completed form according to your school’s submission guidelines, either in person or online.
Who needs Federal Direct Graduate PLUS Loan Request Form?
01
Graduate students who need financial assistance to cover educational expenses during their graduate studies.
02
Students enrolled in a degree program at an eligible institution who have exhausted other federal student aid options.
03
Individuals seeking financial aid that can help bridge the gap between their financial aid packages and actual costs of attendance.
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People Also Ask about
How do I request an increase in the amount of a graduate plus loan?
How to Request an Increase Login to the Federal Student Aid website. Sign in using FSA ID. Under "Apply for Aid", select “Apply for a Grad PLUS Loan” Start application. Select award year. Under reason for Direct PLUS Loan request, select “Change”. Select the PLUS loan application you want to increase.
Are direct Grad PLUS loans eligible for 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.
Can I ask for more money on my parent PLUS loan?
No, unless you default, the servicers of federal loans (including Parent PLUS) do not have the authority to settle them for less or negotiate a custom repayment plan.
Is direct PLUS loan the same as Grad PLUS loan?
A Direct PLUS Loan is commonly referred to as a grad PLUS loan when made to a graduate or professional student.
What are the disadvantages of a direct PLUS loan?
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.
Can you ask for more money for a Grad PLUS loan?
Grad plus loans do have a cap (cost of attendance) so asking for more funds above that cap will require petitioning the financial aid office and the staff there can tell you what the approval success rate has been historically.
How to request more money on student loan?
If you need more financial aid, contact your school's financial aid office. Here are other options you can consider if you didn't receive enough financial aid: searching and applying for scholarships. working at an on-campus part-time job.
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What is Federal Direct Graduate PLUS Loan Request Form?
The Federal Direct Graduate PLUS Loan Request Form is a document required for graduate or professional students to apply for federal Direct PLUS loans, which help cover educational expenses not met by other financial aid.
Who is required to file Federal Direct Graduate PLUS Loan Request Form?
Graduate or professional students who wish to borrow funds through the Federal Direct Graduate PLUS Loan program must file the form.
How to fill out Federal Direct Graduate PLUS Loan Request Form?
To fill out the form, students must provide personal and financial information, including their Social Security number, educational institution details, and the amount they wish to borrow. They also need to consent to a credit check.
What is the purpose of Federal Direct Graduate PLUS Loan Request Form?
The purpose of the Federal Direct Graduate PLUS Loan Request Form is to obtain authorization for the Department of Education to issue loans to graduate students, enabling them to finance their education.
What information must be reported on Federal Direct Graduate PLUS Loan Request Form?
The form requires reporting personal identification information, income, financial status, the desired loan amount, and the educational institution's information.
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