Get the free 2012-2013 FEDERAL DIRECT GRAD PLUS LOAN APPLICATION - lawschool cornell
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This document is an application for the Federal Direct Grad PLUS Loan for graduate students, detailing borrower information, loan amount requests, and terms of repayment.
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How to fill out 2012-2013 federal direct grad
How to fill out 2012-2013 FEDERAL DIRECT GRAD PLUS LOAN APPLICATION
01
Obtain the 2012-2013 Federal Direct Grad PLUS Loan Application form from the U.S. Department of Education website or your school's financial aid office.
02
Read the instructions carefully to understand the eligibility requirements and the necessary documentation.
03
Complete the application form by providing your personal information, including your name, Social Security number, and contact details.
04
Indicate your school information and the amount you wish to borrow.
05
Provide information about your financial situation, including income and any other relevant financial data.
06
Sign and date the application to certify that the information you've provided is accurate and complete.
07
Submit the completed application form to the U.S. Department of Education or your school's financial aid office, as specified in the instructions.
Who needs 2012-2013 FEDERAL DIRECT GRAD PLUS LOAN APPLICATION?
01
Graduate or professional students who need assistance with educational expenses.
02
Students who are enrolled at least half-time in a graduate or professional program at an eligible institution.
03
Students who meet the federal credit requirements and do not have an adverse credit history.
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People Also Ask about
Do direct loans qualify for forgiveness?
Only federal Direct Loans can be forgiven through PSLF. If you have other federal student loans such as Federal Family Education Loans (FFEL) or Perkins Loans you may be able to qualify for PSLF by consolidating into a new federal Direct Consolidation Loan.
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 direct graduate PLUS Loans be forgiven?
Grad PLUS Loans are also eligible for income-driven repayment plans, which cap your monthly payments at a percentage of your income and can lead to loan forgiveness after a certain period.
Are direct plus graduate loans eligible for IDR?
Grad PLUS loans are also eligible for income-driven repayment (IDR) plans.
What credit score do you need for a Grad Plus loan?
Grad PLUS Loans are federal student loans for graduate and professional students that require a credit check but no cosigner. There is no minimum credit score, but applicants must not have adverse credit history, such as recent delinquencies or defaults.
Are grad school loans eligible for forgiveness?
Yes, federal loans taken out for a masters program can be forgiven if they meet the requisite criteria for one of the existing forgiveness programs, generally IDR or PSLF.
What is a Fed Direct Graduate Plus loan?
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. PLUS loans can help pay for education expenses not covered by other financial aid.
Are direct grad plus loans eligible for IDR?
All PLUS Loans are eligible for the Standard, Graduated, and Extended Repayment Plans. Grad PLUS loans are also eligible for income-driven repayment (IDR) plans.
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What is 2012-2013 FEDERAL DIRECT GRAD PLUS LOAN APPLICATION?
The 2012-2013 Federal Direct Grad PLUS Loan Application is a form that graduate or professional students use to apply for a federal loan that helps cover the cost of their education expenses after completing their undergraduate degree.
Who is required to file 2012-2013 FEDERAL DIRECT GRAD PLUS LOAN APPLICATION?
Graduate or professional students who wish to borrow funds through the Federal Direct Grad PLUS Loan program are required to file the application.
How to fill out 2012-2013 FEDERAL DIRECT GRAD PLUS LOAN APPLICATION?
To fill out the application, students must provide personal and financial information, including their Social Security number, income information, and details about their school and program. The form is typically completed online through the FAFSA website or the Direct Loan website.
What is the purpose of 2012-2013 FEDERAL DIRECT GRAD PLUS LOAN APPLICATION?
The purpose of the application is to determine a student's eligibility for the Grad PLUS Loan, which helps finance their graduate education by providing loans up to the total cost of attendance minus any other financial aid received.
What information must be reported on 2012-2013 FEDERAL DIRECT GRAD PLUS LOAN APPLICATION?
The information that must be reported includes personal identification details, financial information such as income and expenses, the intended school, and the educational program, along with any other requested documentation related to credit history.
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