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Federal Direct Parent PLUS Loan Request Form 2013-2014 You must complete the following steps to apply for your Federal Direct PLUS Loan. Return this document to the Genetic Community College (GCC)

How to fill out federal direct parent plus

How to fill out federal direct parent plus:

1. Gather the necessary documents: Before starting the application process, make sure you have your Social Security number, driver's license number, and financial information readily available.
2. Access the application form: Visit the official Federal Student Aid (FSA) website to access the Federal Direct Parent PLUS Loan Application. You can complete the form online or download a printable PDF version.
3. Provide borrower information: Enter your personal details, including your name, address, phone number, and email address. You will also need to provide your Social Security number and driver's license number.
4. Select the loan period: Indicate the loan period for which you are applying. Typically, this aligns with the academic year for which your child needs assistance.
5. Choose loan amount: Decide on the loan amount you wish to request. Take into consideration the cost of tuition, fees, and other educational expenses your child may have.
6. Review loan details and terms: Carefully go through the loan details and terms presented in the application. This includes the interest rate, repayment options, and any associated fees.
7. Complete the promissory note: Sign the Direct PLUS Loan Master Promissory Note (MPN), which serves as your agreement to repay the loan. Make sure to read and understand all the terms before signing.
8. Submit the application: Once you have reviewed and completed all sections of the application, submit it electronically or mail the printed form to the address provided.

Who needs federal direct parent plus:

1. Parents of dependent undergraduate students: The Federal Direct Parent PLUS loan is designed to help parents or legal guardians financially support their dependent children's education.
2. Students with financial gaps: If the student's other financial aid, scholarships, grants, and personal savings are not enough to cover the full cost of education, parents may consider applying for a Federal Direct Parent PLUS loan.
3. Parents who meet the eligibility requirements: To be eligible for a Federal Direct Parent PLUS loan, the parent borrower must be a U.S. citizen or eligible non-citizen, not have an adverse credit history, and meet other federal student aid requirements.

Remember, before applying for a Federal Direct Parent PLUS loan, thoroughly evaluate your financial situation and consider your ability to repay the loan in the future.

For pdfFiller’s FAQs

What is federal direct parent plus?

Federal Direct Parent PLUS is a federal student loan available to parents of dependent undergraduate students to help cover the cost of college education.

Who is required to file federal direct parent plus?

The biological or adoptive parents of a dependent undergraduate student are required to file for Federal Direct Parent PLUS loan.

How to fill out federal direct parent plus?

To apply for Federal Direct Parent PLUS loan, parents can fill out the application form online on the official studentaid.gov website.

What is the purpose of federal direct parent plus?

The purpose of Federal Direct Parent PLUS loan is to help parents financially support their dependent undergraduate students' college education expenses.

What information must be reported on federal direct parent plus?

Parents must report their personal and financial information, as well as the student's information and the amount of loan needed on Federal Direct Parent PLUS application.

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