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20162017 Federal Direct PLUS Application (Parent Loan for Undergraduate Students) Write clearly with black or dark blue ink Student Information Name Student ID Number Date of Birth Telephone Number

How to fill out 2016-2017 federal direct plus

How to fill out 2016-2017 federal direct plus:

1. Gather necessary information: Before filling out the 2016-2017 federal direct plus form, make sure you have all the required information. This includes your Social Security number, driver's license number, income information, and any relevant financial documents.
2. Access the form: The 2016-2017 federal direct plus form can usually be found on the official website of the U.S. Department of Education or the financial aid office of your educational institution. Download or print out the form to begin the process.
3. Personal Information: Start by providing your personal information, including your name, address, telephone number, and email address. This information is necessary for identification purposes and to contact you regarding the application.
4. Dependency Status: Indicate whether you are an independent or dependent student. This distinction determines if your parents' financial information will be required for the application.
5. Loan Request: Specify the loan amount you are requesting by indicating the desired dollar amount. Make sure to consider your financial need and budget when determining the loan amount.
6. School Information: Provide details about the educational institution where you plan to use the federal direct plus loan funds. This includes the school's name, city, state, and code.
7. Employment Information: If you are employed, enter your job title, employer name, and employer address. This information helps determine your ability to repay the loan.
8. Financial Information: Disclose your financial status by reporting your annual income, assets, and any other relevant financial information. This helps the lender assess your ability to handle loan repayment.
9. Sign and Date: Read the certification statement carefully and sign your name, indicating that all the provided information is accurate to the best of your knowledge. Remember to date the form as well.

Who needs 2016-2017 federal direct plus:

1. Parents of dependent undergraduate students: The 2016-2017 federal direct plus loan is primarily designed for parents who are looking to assist their dependent undergraduate children in covering educational expenses beyond what other financial aid options may provide.
2. Graduate and professional students: In some cases, graduate or professional students may also need the federal direct plus loan to support their studies. This loan can help cover expenses such as tuition, books, and living costs.
3. Individuals with limited credit history: Unlike other federal student loans, the federal direct plus loan considers credit history during the application process. However, individuals with limited or adverse credit history may still be eligible by applying with an endorser or demonstrating extenuating circumstances.

Remember, it is important to carefully evaluate your financial situation and consider other financial aid options before deciding if the 2016-2017 federal direct plus loan is the right choice for you.

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What is federal direct plus application?

Federal Direct Plus application is a form that allows parents of dependent undergraduate students to apply for a federal loan to help cover the cost of their child's education.

Who is required to file federal direct plus application?

Parents of dependent undergraduate students are required to file the federal direct plus application if they wish to apply for a federal loan to help cover the cost of their child's education.

How to fill out federal direct plus application?

To fill out the federal direct plus application, parents can visit the official Federal Student Aid website and follow the instructions provided on the application form.

What is the purpose of federal direct plus application?

The purpose of the federal direct plus application is to determine eligibility for a federal loan that can help parents cover the cost of their child's education.

What information must be reported on federal direct plus application?

The federal direct plus application requires information such as the parent's financial information, the student's enrollment status, and the school's cost of attendance.