Get the free 2011-2012 FEDERAL DIRECT PLUS REQUEST FORM - barnard
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This form is used by parents to apply for Federal Direct PLUS loans for their children attending Barnard College. It collects student and parent borrower information, citizenship status, the amount
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How to fill out 2011-2012 federal direct plus
How to fill out 2011-2012 FEDERAL DIRECT PLUS REQUEST FORM
01
Obtain the 2011-2012 Federal Direct PLUS Request Form from the U.S. Department of Education's website or your school's financial aid office.
02
Carefully read the instructions provided on the form.
03
Fill in your personal information, including your name, social security number, address, and date of birth.
04
Indicate the type of PLUS loan you are requesting (Parent PLUS or Graduate PLUS).
05
Provide the name of the student for whom you are borrowing the funds.
06
Include the student's social security number and their date of birth.
07
Specify the amount you wish to borrow, keeping in mind the limits set by the federal government.
08
Sign and date the form as the borrower, acknowledging that you understand the terms and conditions of the loan.
09
Submit the completed form to the appropriate financial aid office or online portal as instructed.
Who needs 2011-2012 FEDERAL DIRECT PLUS REQUEST FORM?
01
Parents of dependent undergraduate students who are seeking financial assistance through the Parent PLUS Loan program.
02
Graduate or professional students who are seeking additional financial aid through the Graduate PLUS Loan program.
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People Also Ask about
How much can a direct plus loan be?
The maximum Direct PLUS Loan amount that can be borrowed is the cost of attendance at your school minus any other financial assistance received.
How long does it take to get a parent PLUS loan?
The timeline for a credit decision may vary based on the time of year when your parent PLUS Loan application is being completed, typically 3-5 business days. Your parent will receive an email notification from the U.S. Department of Education and our office as to whether the loan was approved or not.
What is the maximum you can borrow from a direct PLUS loan?
How much can I borrow in Direct PLUS Loans? There are no set annual or aggregate limits. You may borrow up to your full cost of attendance, minus any other financial aid you receive (including Direct Subsidized Loans, Direct Unsubsidized Loans, scholarships, and certain fellowships).
What credit score is needed for a direct plus loan?
There is no minimum credit score required for a Parent PLUS Loan. However, borrowers cannot have an adverse credit history as defined by the U.S. Department of Education.
What is the loophole for parent PLUS loans?
Until July 2025, Parent PLUS borrowers can obtain the best income-driven repayment (IDR) plans out there, including the Saving on a Valuable Education (SAVE) plan, if they consolidate their loans twice. This is called the double consolidation loophole. But once that loophole closes, far fewer borrowers with Parent PL.
How to get a direct PLUS loan?
To qualify for a Direct PLUS Loan, you must pass a credit check. You will also be charged an origination fee, which is deducted from the loan disbursement before you or your school receives the funds. There are two types of Direct PLUS loans: the Grad PLUS loan and the Parent PLUS loan .
What are the disadvantages of a direct plus loan?
Cons May have higher interest rates compared with private lenders. You pay an origination fee. You can't see if you'll qualify without a hard credit check.
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What is 2011-2012 FEDERAL DIRECT PLUS REQUEST FORM?
The 2011-2012 Federal Direct PLUS Request Form is a document used by parents of dependent undergraduate students to apply for a Direct PLUS Loan to help cover education expenses.
Who is required to file 2011-2012 FEDERAL DIRECT PLUS REQUEST FORM?
Parents of dependent undergraduate students who wish to borrow a Direct PLUS Loan are required to file the 2011-2012 Federal Direct PLUS Request Form.
How to fill out 2011-2012 FEDERAL DIRECT PLUS REQUEST FORM?
To fill out the 2011-2012 Federal Direct PLUS Request Form, parents need to provide personal information, financial details, and details about the student, including their Social Security number and the amount they wish to borrow.
What is the purpose of 2011-2012 FEDERAL DIRECT PLUS REQUEST FORM?
The purpose of the 2011-2012 Federal Direct PLUS Request Form is to allow parents to apply for federal student loans to help pay for their child's college education.
What information must be reported on 2011-2012 FEDERAL DIRECT PLUS REQUEST FORM?
The information that must be reported on the 2011-2012 Federal Direct PLUS Request Form includes the borrower's personal data, the student's information, the desired loan amount, and other relevant financial information.
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