Get the free Federal Graduate PLUS Loan Request Form DRAKE LOGO - drake
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Drake University 2015 Summer Financial Aid Application COMPLETE THIS APPLICATION TO BE AWARDED FEDERAL STUDENT LOANS FOR SUMMER 2015. Student Name (print) Phone Number Drake ID# (required) Expected
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How to fill out federal graduate plus loan
How to fill out federal graduate plus loan:
01
First, gather all the necessary documents and information including your social security number, driver's license, and financial information such as your tax returns and W2 forms.
02
Visit the official Federal Student Aid website and log in to your account using your FSA ID. If you don't have one, create an FSA ID.
03
Start the application process by selecting the "Apply for Aid" option and then choose "Grad PLUS Loan."
04
Complete the required sections of the application form, providing accurate personal and financial information.
05
To complete the credit check, authorize the U.S. Department of Education to review your credit history by providing the necessary consent.
06
After the credit check is completed, you will be notified of the decision. If approved, you can proceed with accepting the loan terms and conditions.
07
Specify the loan amount you wish to borrow and provide any additional requested information for verification.
08
Review the final disclosure statement before submitting your application. Make sure to read and understand all terms and conditions.
09
Submit your application and keep track of the confirmation or reference number for future reference.
10
Be prepared to sign a Master Promissory Note (MPN) once your application is approved. This legally binding document outlines the terms and conditions of your loan agreement.
Who needs federal graduate plus loan:
01
Students pursuing graduate or professional degrees may require additional funds beyond what is provided by other federal student loans or financial aid programs.
02
Individuals who are ineligible for private student loans or who prefer the benefits and protections offered by federal loans might consider the federal graduate plus loan.
03
Those who need to cover the cost of tuition, fees, books, housing, and other educational expenses that are not fully covered by scholarships, grants, or other financial aid options may benefit from the federal graduate plus loan.
04
Students who wish to consolidate their existing federal loans into one loan repayment option might find the federal graduate plus loan beneficial.
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Individuals who want to take advantage of the flexible repayment options, loan forgiveness programs, and other benefits provided by federal student loans may opt for the federal graduate plus loan.
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What is federal graduate plus loan?
Federal Graduate PLUS Loan is a federal student loan designed to help graduate students cover the cost of their education beyond what is covered by other financial aid.
Who is required to file federal graduate plus loan?
Students who are enrolled in a graduate or professional degree program and have exhausted their eligibility for other federal financial aid may be required to file a federal Graduate PLUS Loan.
How to fill out federal graduate plus loan?
To apply for a Federal Graduate PLUS Loan, students must complete the Free Application for Federal Student Aid (FAFSA) form and then submit a separate application for the Graduate PLUS Loan on the Federal Student Aid website.
What is the purpose of federal graduate plus loan?
The purpose of the Federal Graduate PLUS Loan is to help graduate students pay for educational expenses that are not covered by other financial aid options.
What information must be reported on federal graduate plus loan?
Students must report their personal information, financial information, and school information on the Federal Graduate PLUS Loan application.
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