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Get the free Federal Direct PLUS Loan for Parents 2013-2014 - niu

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This document outlines the application process for the Federal Direct PLUS Loan for parents of dependent undergraduate students, including eligibility, required information, and contact details for
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How to fill out Federal Direct PLUS Loan for Parents 2013-2014

01
Gather the necessary information: You'll need your FSA ID, your Social Security Number, your driver's license number, and the school's federal school code.
02
Go to the official StudentAid.gov website and navigate to the Direct PLUS Loan section.
03
Select the option to 'Apply for a PLUS Loan' and log in using your FSA ID.
04
Fill out the loan application form carefully, providing all required personal information and details about the student.
05
Choose the loan amount you wish to borrow for the academic year.
06
Review your application for accuracy and submit it electronically.
07
Complete the Master Promissory Note (MPN) if required, which outlines the terms of the loan.
08
Await notification of your loan approval from the Department of Education.

Who needs Federal Direct PLUS Loan for Parents 2013-2014?

01
Parents of dependent undergraduate students who need financial assistance to cover educational expenses.
02
Individuals looking to cover the cost of tuition, room, board, and other related educational expenses for their child in college.
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PSLF offers forgiveness after 10 years of qualifying employment and payments. Learn more about the payment count adjustment on the U.S. Dept. of Education's website. Step 1: Consolidate Your Privately Owned Federal Loans into the Direct Loan Program.
In addition to new federal undergraduate student loans, the rates for Stafford loans for graduate students and PLUS loans will also be increasing. The rates for graduate student Stafford loans will be 6.21%, up from 5.41%, while the rate for PLUS loans, both Parent PLUS and Grad PLUS, will increase from 6.41% to 7.21%.

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The Federal Direct PLUS Loan for Parents is a federal loan program that enables parents of dependent undergraduate students to borrow money to pay for their child's education expenses. This program is specifically for the 2013-2014 academic year.
Parents of dependent undergraduate students who wish to finance their child's education through the Federal Direct PLUS Loan program need to file for this loan.
To fill out the application for the Federal Direct PLUS Loan for Parents for 2013-2014, parents must complete the PLUS Loan application process, which typically involves submitting a loan application online through the Federal Student Aid website and providing information about their income and creditworthiness.
The purpose of the Federal Direct PLUS Loan for Parents 2013-2014 is to help parents cover the cost of their child's college education, including tuition, room and board, and other related expenses.
When applying for the Federal Direct PLUS Loan for Parents 2013-2014, parents must report financial information such as their income, tax information, and any outstanding debts, as well as provide the student's information including their Social Security number and details about their college enrollment.
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