Get the free 2013-2014 Federal Direct PLUS (Parent) Loan Request Form
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This form is used by parents to request a Federal Direct PLUS Loan for their dependent student's educational expenses after completing the FAFSA. It includes sections for borrower information, loan
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How to fill out 2013-2014 federal direct plus
How to fill out 2013-2014 Federal Direct PLUS (Parent) Loan Request Form
01
Begin by downloading the 2013-2014 Federal Direct PLUS (Parent) Loan Request Form from the federal student aid website.
02
Fill in the borrower's information, including the name, address, and Social Security number.
03
Provide information about the student for whom you are borrowing, including their name, Social Security number, and school information.
04
Indicate the amount you wish to borrow for the academic year, ensuring it does not exceed the cost of attendance minus any other financial aid.
05
Review the loan terms and conditions outlined on the form.
06
Sign and date the form, certifying that all information provided is accurate and complete.
07
Submit the completed form to the financial aid office of the student's school.
Who needs 2013-2014 Federal Direct PLUS (Parent) Loan Request Form?
01
Parents of dependent undergraduate students who need to cover the cost of their child's education.
02
Borrowers wishing to supplement other financial aid received by the student.
03
Parents who want to manage the financial investment in their child's college education.
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People Also Ask about
Is IDR available for parent PLUS loans?
If you have parent PLUS loans, you must consolidate your loans to become eligible for an IDR plan. The online income-driven repayment (IDR) plan and loan consolidation applications are available.
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.
Is direct PLUS loan the same as parent PLUS loan?
Note: A Direct PLUS Loan is commonly referred to as a parent PLUS loan when made to a parent, and as a grad PLUS loan when made to a graduate or professional student. Begin your Direct PLUS Loans application online.
What is the maximum direct parent PLUS loan amount?
Unlike all other federal student loans, there are no explicit borrowing limits for parent PLUS loans. Parents may borrow up to the full cost of attendance, which is determined by the institution, not the government, and includes books, travel and living expenses.
Is direct PLUS loan different from parent PLUS loan?
Note: A Direct PLUS Loan is commonly referred to as a parent PLUS loan when made to a parent, and as a grad PLUS loan when made to a graduate or professional student. Begin your Direct PLUS Loans application online.
Will direct parent PLUS loans be forgiven?
Public Service Loan Forgiveness for Parent PLUS Loans Parent borrowers may be eligible for Public Service Loan Forgiveness (PSLF) after making 120 qualifying payments (ten years). Parent PLUS loans are eligible if they are in the Direct Loan program or included in a Federal Direct Consolidation Loan.
Will direct parent PLUS loans be forgiven?
Public Service Loan Forgiveness for Parent PLUS Loans Parent borrowers may be eligible for Public Service Loan Forgiveness (PSLF) after making 120 qualifying payments (ten years). Parent PLUS loans are eligible if they are in the Direct Loan program or included in a Federal Direct Consolidation Loan.
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What is 2013-2014 Federal Direct PLUS (Parent) Loan Request Form?
The 2013-2014 Federal Direct PLUS (Parent) Loan Request Form is an application used by parents to request a federal loan to help pay for their dependent child's college education expenses.
Who is required to file 2013-2014 Federal Direct PLUS (Parent) Loan Request Form?
Parents of dependent undergraduate students who wish to borrow funds to cover educational costs are required to file the 2013-2014 Federal Direct PLUS (Parent) Loan Request Form.
How to fill out 2013-2014 Federal Direct PLUS (Parent) Loan Request Form?
To fill out the 2013-2014 Federal Direct PLUS (Parent) Loan Request Form, parents need to provide personal and financial information about themselves, their child, and the amount they wish to borrow, and submit the form through the appropriate financial aid office or online system.
What is the purpose of 2013-2014 Federal Direct PLUS (Parent) Loan Request Form?
The purpose of the 2013-2014 Federal Direct PLUS (Parent) Loan Request Form is to allow parents to apply for a loan that can help cover the educational expenses of their children enrolled in college.
What information must be reported on 2013-2014 Federal Direct PLUS (Parent) Loan Request Form?
The information that must be reported on the 2013-2014 Federal Direct PLUS (Parent) Loan Request Form includes the parent's identifying information, the child's school information, the amount of the loan requested, and the parent’s financial information as necessary.
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