Get the free 2016-2017 PARENT PLUS LOAN AUTHORIZATION FORM - ntc

Please complete and return this form to: S TU D E NT I N F O R M AT IO N 1000 W Campus Drive Wausau WI 54401-1899 Last Name Phone: 715.675.3331 * FAX: 715.301.2904 First Name M.I. NTC Student ID#

How to fill out 2016-2017 parent plus loan

How to fill out 2016-2017 parent plus loan:

1. Gather required documents: Before applying for the 2016-2017 parent plus loan, you will need to have certain documents ready. These typically include your social security number, driver's license number, and your child's school information.
2. Complete the FAFSA: To qualify for a parent plus loan, your child must have already completed the Free Application for Federal Student Aid (FAFSA). Make sure the FAFSA is submitted and processed before proceeding with the parent plus loan application.
3. Visit the official government website: Go to the official government student aid website and search for the parent plus loan application section. This will provide you with the necessary forms and instructions to begin the application process.
4. Enter your personal information: Fill out the required personal information sections on the application form, including your name, address, contact details, and social security number.
5. Review your financial information: You will need to provide details of your income, assets, and any other financial information requested. This is to determine your eligibility for the loan and the amount you may be able to borrow.
6. Specify the loan term and amount: Decide on the loan term and the amount you wish to borrow. Keep in mind that you can only borrow up to the cost of attendance (COA) at your child's school, minus any other financial aid received.
7. Read and understand the terms and conditions: Take the time to carefully read through the terms and conditions of the loan. Understand the interest rate, repayment terms, and any other important aspects before finalizing your application.

Who needs 2016-2017 parent plus loan?

1. Parents of undergraduate students: The parent plus loan is specifically designed for parents of dependent undergraduate students. It helps cover the cost of education expenses not already covered by other financial aids such as grants, scholarships, and other loans.
2. Parents who want to support their child's education: If you are a parent who wants to contribute financially to your child's education and are willing to take on the responsibility of repaying the loan, then the parent plus loan can be beneficial for you.
3. Parents who meet eligibility requirements: To qualify for a parent plus loan, you must be the biological or adoptive parent of the student, and your child must be enrolled at least half-time in an eligible undergraduate program at an accredited institution.

It is important to note that while the parent plus loan can be a helpful option to finance your child's education, it is also a loan that must be repaid with interest. Consider carefully your financial circumstances and ability to repay before applying for the parent plus loan.

For pdfFiller’s FAQs

What is parent plus loan authorization?

Parent PLUS loan authorization allows a parent to borrow funds from the federal government to help pay for their child's education.

Who is required to file parent plus loan authorization?

The parent who wishes to borrow a Parent PLUS loan is required to file the authorization.

How to fill out parent plus loan authorization?

The parent can fill out the authorization form online on the official government website or through the school's financial aid office.

What is the purpose of parent plus loan authorization?

The purpose of parent PLUS loan authorization is to provide additional financial assistance to parents of dependent undergraduate students.

What information must be reported on parent plus loan authorization?

The parent must report their personal information, the student's information, and the requested loan amount on the authorization form.

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