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Get the free 2011-2012 Federal Direct Parent PLUS Loan Authorization Form NEW MCC BORROWER If thi...

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2011-2012 Federal Direct Parent PLUS Loan Authorization Form NEW MCC BORROWER If this is the first year that you are requesting a Parent PLUS loan, you must complete the 2-step process below. Step
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Federal Direct Parent PLUS is a federal loan program that allows parents of dependent undergraduate students to borrow money to pay for their child's education. The loan amount is determined by the school's cost of attendance minus any other financial aid the student receives.
The parent or legal guardian of a dependent undergraduate student is generally required to file for Federal Direct Parent PLUS.
To fill out the Federal Direct Parent PLUS application, parents must complete the Free Application for Federal Student Aid (FAFSA) form and then submit a separate Federal Direct PLUS Loan application through the U.S. Department of Education's website or the student's school financial aid office.
The purpose of Federal Direct Parent PLUS is to provide financial assistance to parents or legal guardians to help cover the cost of their child's education that is not covered by other financial aid options.
When applying for Federal Direct Parent PLUS, parents must provide personal and financial information, including their Social Security number, income, assets, and any other relevant financial documentation.
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