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This document is a request form for the Federal Direct PLUS Loan, detailing the information required from the student and borrower, including personal information, loan amount requested, and authorization
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How to fill out 2011-2012 federal direct plus
How to fill out 2011-2012 Federal Direct PLUS Loan Request
01
Obtain the 2011-2012 Federal Direct PLUS Loan Request form from the Department of Education's website or your school's financial aid office.
02
Fill in your personal information, including your name, address, and Social Security number.
03
Indicate the school your child is attending and their enrollment status.
04
Provide your child's information, including their Social Security number and date of birth.
05
Select the loan amount you wish to request, ensuring it does not exceed the cost of attendance minus any other financial aid received.
06
Review the terms and conditions of the loan, and sign the application form.
07
Submit the completed form to the appropriate financial aid office or online through the Department of Education's website.
Who needs 2011-2012 Federal Direct PLUS Loan Request?
01
Parents of dependent undergraduate students who need additional funding to pay for their child's college education.
02
Graduate or professional students who require additional financial support beyond what is offered through their own federal student loans.
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People Also Ask about
What is a federal 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.
Do you have to pay back a federal direct PLUS loan?
Direct PLUS Loans for Parents These loans are eligible for PSLF only if they've been consolidated into a Direct Consolidation Loan and are being repaid under the Income-Contingent Repayment (ICR) plan.
What are the disadvantages of a direct PLUS loan?
Direct PLUS Loans for Parents These loans are eligible for PSLF only if they've been consolidated into a Direct Consolidation Loan and are being repaid under the Income-Contingent Repayment (ICR) plan.
What is federal direct parent PLUS loan request?
Federal Direct PLUS loans are federal loans that graduate or professional students and parents of dependent undergraduate students can use to help pay for college or career school. You must complete a new Direct PLUS Application for each year you wish to receive a parent PLUS loan.
What is the difference between a direct loan and a direct PLUS loan?
Like Direct Subsidized and Unsubsidized Loans, these loans have a fixed interest rate. Note that Direct PLUS loans are unsubsidized, meaning that interest accrues throughout the life of the loan, including while the student is enrolled in school.
What is the difference between a federal direct loan and a federal direct PLUS loan?
Direct Subsidized/Unsubsidized Loans have a lower fixed interest rate (6.8%) than Direct PLUS Loans (7.9%), and no interest is charged on Direct Subsidized Loans while you are in school at least half-time or during grace and deferment periods. Interest is charged on Direct PLUS Loans during all periods.
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What is 2011-2012 Federal Direct PLUS Loan Request?
The 2011-2012 Federal Direct PLUS Loan Request is a financial aid application for parents of dependent undergraduate students to borrow funds to help pay for college expenses. This loan is a part of the Direct Loan Program and is issued by the federal government.
Who is required to file 2011-2012 Federal Direct PLUS Loan Request?
Parents of dependent undergraduate students who wish to borrow funds to cover education costs for the 2011-2012 academic year are required to file the 2011-2012 Federal Direct PLUS Loan Request.
How to fill out 2011-2012 Federal Direct PLUS Loan Request?
To fill out the 2011-2012 Federal Direct PLUS Loan Request, parents must complete the application form available from the Department of Education, providing necessary information such as the student's details, loan amount requested, and personal identification information.
What is the purpose of 2011-2012 Federal Direct PLUS Loan Request?
The purpose of the 2011-2012 Federal Direct PLUS Loan Request is to enable parents to apply for loans that can assist in financing their child's education expenses, including tuition, room and board, and other associated costs.
What information must be reported on 2011-2012 Federal Direct PLUS Loan Request?
The information that must be reported on the 2011-2012 Federal Direct PLUS Loan Request includes the parent's financial information, the student's identification details, the amount of money being requested, and any other relevant data as instructed on the application form.
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