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201516 Direct PLUS Loan Application PARENTS Students Name: Last First Tech ID# M.I. M PARENT INFORMATION PLEASE PRINT Legal name Social Security# Mailing address Date of Birth Last First M.I. Street
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How to fill out 2015-16 direct plus bloan

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How to fill out 2015-16 Direct PLUS Loan:

01
Gather necessary information: Before starting the application, gather important information such as your social security number, driver's license number, and employment details.
02
Access the online application: Visit the official Federal Student Aid website and log in using your FSA ID. Navigate to the Direct PLUS Loan section for the appropriate year.
03
Provide borrower information: Fill in your personal details, including your name, address, and contact information. Make sure to review the accuracy of the information before moving forward.
04
Choose loan details: Indicate the loan period for which you are applying. In this case, select the 2015-16 academic year.
05
Indicate loan amount: Specify the loan amount you wish to borrow. It is recommended to only borrow the amount you truly need to cover educational expenses.
06
Review terms and conditions: Carefully read through the terms and conditions of the loan agreement. Ensure you understand the responsibilities and obligations associated with borrowing a Direct PLUS Loan.
07
Sign and submit the application: After reviewing all the information provided, electronically sign the application and submit it for review.
08
Complete the Master Promissory Note (MPN): If your application is approved, you will be prompted to complete the MPN. This serves as a legally binding agreement to repay the loan.
09
Receive loan funds: Once the application and MPN are processed successfully, your school will disburse the loan funds directly to cover your educational expenses.

Who needs 2015-16 Direct PLUS Loan?

01
Parents of dependent undergraduate students: The 2015-16 Direct PLUS Loan is primarily intended for parents or legal guardians who wish to borrow money to help finance their dependent child's education.
02
Graduate or professional students: In certain cases, graduate or professional students may also choose to apply for a Direct PLUS Loan if they require additional funds that are not covered by other financial aid options.
03
Individuals with good credit history: To be eligible for a Direct PLUS Loan, applicants must have a good credit history. This ensures the ability to repay the loan in a timely manner.
Remember, it is important to carefully consider the financial implications of borrowing a Direct PLUS Loan and to only borrow what is necessary to cover educational expenses.
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16 direct plus bloan refers to a specific type of loan provided by the US Department of Education, available to parents of dependent undergraduate students or graduate students to help cover education expenses.
Parents of dependent undergraduate students or graduate students are required to file for 16 direct plus bloan in order to receive financial assistance for education expenses.
To fill out 16 direct plus bloan, applicants need to complete the application form provided by the US Department of Education, including providing personal and financial information.
The purpose of 16 direct plus bloan is to provide financial assistance to parents of dependent undergraduate students or graduate students to help cover education expenses.
The information required to be reported on 16 direct plus bloan includes personal information, financial details, and the amount requested for the loan.
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