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20162017 Federal Direct PLUS Loan Application Procedures ELIGIBILITY: PLUS loans may be submitted once the student has received their award letter and the student is registered for the current academic
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How to fill out 2016-2017 federal direct plus
How to fill out the 2016-2017 federal direct plus:
01
Gather necessary documents: Before starting the application, gather all the required documents such as your Social Security number, driver's license, income tax returns, and any other relevant financial information.
02
Access the application: Visit the official website of the Federal Student Aid (FAFSA) to access the application for the 2016-2017 federal direct plus loan. You can find the application form on their website.
03
Provide personal information: Start by providing your personal information, including your name, address, phone number, and email address. Make sure to enter accurate information as any discrepancies may delay or affect the loan process.
04
Indicate the school information: Enter the details of the school for which you are seeking the federal direct plus loan. This includes the name and location of the school.
05
Choose loan details: Select the loan amount and loan period for the 2016-2017 academic year. Be mindful of the loan limits and consider only borrowing what you truly need to cover educational expenses.
06
Complete the loan request: Answer all the questions on the application form accurately and completely. Read each question carefully and provide the necessary information.
07
Review and submit the application: Double-check all the information you have entered to ensure its accuracy. Review the application thoroughly before submitting it to avoid any errors or omissions.
08
Sign the application: Electronically sign the application using your Federal Student Aid (FSA) ID. If you don't have an FSA ID, you can create one on the FAFSA website.
09
Await confirmation: Once you submit the application, you will receive a confirmation email or notification indicating that your application has been received. Keep a record of this information for future reference.
Who needs the 2016-2017 federal direct plus:
01
Parents of dependent undergraduate students: The federal direct plus loan is primarily designed for parents of dependent undergraduate students to help cover any remaining educational expenses that are not met by other forms of financial aid.
02
Graduate and professional students: In certain circumstances, graduate and professional students may also be eligible for the federal direct plus loan if they require additional funds to cover their educational expenses.
03
Students attending eligible institutions: To be eligible for the 2016-2017 federal direct plus loan, the student must be enrolled at least half-time in an eligible school or university that participates in the Direct Loan Program.
It is important to note that eligibility for the federal direct plus loan is subject to credit checks and borrowers must meet certain criteria to qualify. Additionally, it is recommended to consider alternative forms of financial aid and scholarships before taking out a loan.
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What is federal direct plus loan?
Federal Direct PLUS Loan is a federal loan program that allows parents of dependent undergraduate students to borrow money to cover any costs not already covered by the student's financial aid package.
Who is required to file federal direct plus loan?
Parents of dependent undergraduate students are required to file for a Federal Direct PLUS Loan.
How to fill out federal direct plus loan?
To fill out a Federal Direct PLUS Loan, parents can visit the official FAFSA website and complete the application online.
What is the purpose of federal direct plus loan?
The purpose of the Federal Direct PLUS Loan is to help parents cover any remaining costs of their child's education after other financial aid has been considered.
What information must be reported on federal direct plus loan?
Parents must report their personal and financial information, as well as information about the student, including their school and enrollment status.
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