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Federal Direct PLUS Loan for Parents 2006-2007 Of?CE of Financial Aid ? University of Michigan ? 2011 Student Activities Bldg. ? 515 E. Jefferson St. ? Ann Arbor, MI 48109-1316 Tel: (734) 763-6600
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The Federal Direct PLUS Loan is a federal student loan option that allows parents of dependent undergraduate students to borrow money to cover educational expenses.
Parents or legal guardians of dependent undergraduate students are required to file the Federal Direct PLUS Loan.
To fill out the Federal Direct PLUS Loan, parents or legal guardians need to complete the application form available on the Federal Student Aid website and provide the necessary documentation.
The purpose of the Federal Direct PLUS Loan is to assist families in paying for the educational expenses of their dependent undergraduate students.
The information that must be reported on the Federal Direct PLUS Loan includes personal and financial information of the borrower, as well as the student's information and the loan amount requested.
The deadline to file the Federal Direct PLUS Loan in 2023 has not been specified. It is recommended to check the Federal Student Aid website or contact the financial aid office of the educational institution for the exact deadline.
The penalty for the late filing of the Federal Direct PLUS Loan may include additional interest charges, late fees, or loss of eligibility for certain benefits. It is advisable to file the loan application before the deadline to avoid any penalties.
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