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University of Rio Grande 20152016 Office of Financial Aid Parent PLUS Loan Application STUDENT INFORMATION: Last Name First Name SS# Date of Birth (MM/DD/BY) Email Address Student I.D. number This
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How to fill out parent plus loan application

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How to fill out the parent plus loan application:

01
Gather the necessary documents: To complete the parent plus loan application, you will need your Social Security number, driver's license or government-issued ID, and your most recent federal tax returns. It is also recommended to have your child's school information, including the school name and the cost of attendance.
02
Access the application: You can find the parent plus loan application online on the Federal Student Aid website or obtain a paper application from your child's school financial aid office.
03
Provide personal information: Start by entering your personal information, such as your name, address, phone number, and email address. You will also need to provide your date of birth and citizenship status.
04
Choose the loan period: Indicate the loan period for which you are applying, which usually corresponds to the academic year for which your child needs financial assistance.
05
Enter the loan amount: Specify the loan amount you are requesting or the maximum loan amount available to you. This amount should not exceed the cost of attendance minus any other financial aid your child has received.
06
Review loan terms and conditions: Carefully read through the terms and conditions of the loan, ensuring you understand the rights and responsibilities associated with borrowing a parent plus loan.
07
Agree to a credit check: The parent plus loan application requires a credit check. Give consent for the credit check to be conducted by checking the appropriate box.
08
Sign and submit the application: After completing all sections of the application accurately and thoroughly, sign and submit it either electronically or by mail, following the provided instructions.

Who needs the parent plus loan application?

The parent plus loan application is intended for parents or legal guardians of dependent undergraduate students who require additional financial assistance to cover the cost of education. This loan option allows parents to help finance their child's education by borrowing from the federal government. It is particularly suitable for parents who have exhausted their child's eligibility for other federal financial aid programs or who need additional funds to bridge the gap between available aid and the cost of attendance.
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The Parent PLUS Loan application is a form that allows parents of dependent undergraduate students to apply for a federal Direct PLUS Loan to help pay for their child's education.
Parents of dependent undergraduate students who want to take out a federal Direct PLUS Loan are required to file the Parent PLUS Loan application.
Parents can fill out the Parent PLUS Loan application online through the official website of the U.S. Department of Education, or they can request a paper application from their child's school.
The purpose of the Parent PLUS Loan application is to assess the eligibility of parents to borrow funds to help pay for their child's education.
Parents must report their personal information, financial details, and the amount they wish to borrow on the Parent PLUS Loan application.
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