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PARENT PLUS BORROWER DEFERMENT REQUEST PLUS OMB No. 18450011 Form Approved William D. Ford Federal Direct Loan (Direct Loan) Program / Federal Family Exp. Date 9/30/2018 Education Loan (FEEL) Program
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01
Gather all the necessary documents such as your Social Security number, driver's license, and income information.
02
Visit the official website of the U.S. Department of Education and log in to the Federal Student Aid (FSA) portal.
03
Fill out the Free Application for Federal Student Aid (FAFSA) form, providing accurate and up-to-date information about your financial situation and educational background.
04
Specify on the FAFSA form that you are interested in applying for the Ford Federal Direct Loan.
05
Review the loan options and choose the type of Direct Loan that suits your needs (e.g., Subsidized, Unsubsidized).
06
Complete the Master Promissory Note (MPN), which is a legal document stating your agreement to repay the loan.
07
Undergo entrance counseling, an online session that provides information about your rights and responsibilities as a borrower.
08
Receive a financial aid award letter from your college or university, which includes the approved loan amount.
09
Accept the loan offer and provide any additional information or documents requested by the financial aid office.
10
Wait for the loan to be disbursed directly to your school, usually in two separate payments throughout the academic year.
11
Use the loan funds responsibly to cover your educational expenses.
12
Keep track of your loan repayment details and consider repayment options once you graduate or leave school.

Who needs ford federal direct loan?

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Students pursuing higher education at colleges, universities, or career schools may need the Ford Federal Direct Loan to cover their educational expenses.
02
Individuals who demonstrate financial need or those who qualify for subsidized loans may find the Ford Federal Direct Loan beneficial.
03
Students who are unable to secure sufficient scholarships, grants, or personal savings to fund their education may consider applying for the Ford Federal Direct Loan.
04
Students who prefer federal loans with fixed interest rates and various repayment options might find the Ford Federal Direct Loan suitable.
05
Those who want to establish or improve their credit history while investing in their education might choose the Ford Federal Direct Loan.
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Ford Federal Direct Loan is a federal student loan program that allows students to borrow money directly from the U.S. Department of Education.
Students who are attending a participating school and meet the eligibility requirements may be required to file for a Ford Federal Direct Loan.
To fill out a Ford Federal Direct Loan application, students must complete the Free Application for Federal Student Aid (FAFSA) form online.
The purpose of Ford Federal Direct Loan is to help students pay for their education expenses, such as tuition, books, and living expenses.
Students must report their personal information, financial information, and school information on the Ford Federal Direct Loan application.
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