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FEDERAL DIRECT PLUS LOAN REQUEST FORM 201516 Steps to apply for a Federal Direct PLUS (Parent Loan for Undergraduate Students) Loan Complete all sections of this request form and submit it to the
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How to fill out federal direct plus loan

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How to fill out Federal Direct PLUS Loan:

01
First, gather all the necessary documents such as your social security number, driver's license, tax returns, and employment information.
02
Visit the official website of the U.S. Department of Education to access the online application for the Federal Direct PLUS Loan.
03
Start the application by entering the required personal information, including your name, address, contact details, and your child's school information.
04
Next, you will be prompted to provide financial information such as your income, assets, and any other relevant financial details.
05
Review the loan terms and conditions carefully before proceeding. Ensure that you understand the interest rates, repayment options, and any associated fees.
06
After completing the application, you will need to authorize a credit check. If you have adverse credit history, you may be required to secure a cosigner or provide additional documentation.
07
Once the application is submitted, you will receive a notification acknowledging the receipt of your application. The school will then review your application and determine the loan amount you are eligible to borrow.
08
If approved, you will receive a notification outlining the loan amount and disbursement details. You may need to complete additional steps, such as signing a master promissory note, to finalize the loan.

Who needs Federal Direct PLUS Loan:

01
Parents: The Federal Direct PLUS Loan is primarily designed to help parents of undergraduate students who need additional funding to cover the cost of education.
02
Graduate or Professional Students: In some cases, graduate or professional students may be eligible to apply for a Direct PLUS Loan to meet their educational expenses beyond any other financial aid they have received.
03
Independent Undergraduate Students: Under certain circumstances, independent undergraduate students without reliable financial support may also qualify for a Federal Direct PLUS Loan.
It is important to note that eligibility for Federal Direct PLUS Loans is contingent upon meeting specific criteria, and it is advisable to consult with the school's financial aid office to determine your eligibility and options.
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The Federal Direct PLUS Loan is a federal student loan that parents of dependent undergraduate students can use to help pay for college or career school.
Parents of dependent undergraduate students are required to file for the Federal Direct PLUS Loan.
To fill out the Federal Direct PLUS Loan, parents can apply online through the official student aid website or submit a paper application.
The purpose of the Federal Direct PLUS Loan is to help parents fund their child's education expenses that are not covered by other financial aid.
Parents must report their personal and financial information, as well as the student's information and the school they will be attending, on the Federal Direct PLUS Loan application.
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