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20172018 WILLIAM D. FORD FEDERAL DIRECT PARENT PLUS/GRADUATE PLUS LOAN APPLICATION Student Name: (Last) (First) (MI) Student ID #: SSN: Application may not be processed unless all sections are completed.

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How to fill out parent plus and graduate

01

Step 1: Gather all required documents such as the parent's or graduate's Social Security number, driver's license number, and their most recent federal income tax return.

02

Step 2: Visit the official website of the U.S. Department of Education and search for the Parent PLUS or Graduate PLUS loan application.

03

Step 3: Complete the application by providing accurate personal and financial information as requested.

04

Step 4: If applying for the Parent PLUS loan, the parent must sign a Master Promissory Note (MPN) agreeing to repay the loan.

05

Step 5: Submit the completed application and any required documentation electronically or by mail.

06

Step 6: Await a confirmation of approval or denial from the loan servicer.

07

Step 7: If approved, review and sign the loan disclosure statement.

08

Step 8: The loan funds will be disbursed directly to the school to cover the cost of education.

09

Step 9: Repayment of the loan typically begins after the loan is fully disbursed, but there may be deferment or repayment options available.

10

Step 10: Make regular payments as outlined in the loan agreement to avoid default.

Who needs parent plus and graduate?

01

Parents who wish to financially support their undergraduate dependent children's education may need Parent PLUS loans.

02

Graduate students who need additional financial aid for their education after exhausting other sources such as scholarships, grants, and personal savings may need Graduate PLUS loans.

03

Individuals who do not have a good credit history or who are unable to secure a private student loan with favorable terms may also choose to apply for Parent PLUS or Graduate PLUS loans.

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What is parent plus and graduate?

Parent plus and graduate are federal student loans that parents can take out to help pay for their child's education or graduate students can take out to finance their own education.

Who is required to file parent plus and graduate?

Parents of dependent undergraduate students can file for Parent PLUS loans, while graduate students can file for Graduate PLUS loans.

How to fill out parent plus and graduate?

To fill out a Parent PLUS or Graduate PLUS loan, individuals must complete the application on the Federal Student Aid website and pass a credit check.

What is the purpose of parent plus and graduate?

The purpose of Parent PLUS and Graduate PLUS loans is to provide additional financial aid to students and their families to help cover education costs.

What information must be reported on parent plus and graduate?

Applicants must report personal and financial information, as well as consent to a credit check, when applying for a Parent PLUS or Graduate PLUS loan.

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