Get the free 2012-?2013 PARENT PLUS Loan Request Form In order to request ... - samford
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Date Received 2012- ?2013 PARENT PLUS Loan Request Form 800 Lake shore Drive, Birmingham, AL 35229 In order to request your Parent PLUS loan, please complete the form below using these instructions:
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How to fill out 2012-2013 parent plus loan
How to fill out 2012-2013 Parent Plus Loan:
01
Gather all the required documents: In order to fill out the 2012-2013 Parent Plus Loan, you will need to have some important documents handy. These may include your Social Security number, driver's license or government-issued ID, income tax returns, W-2 forms, and any other financial information requested by the loan application.
02
Complete the FAFSA: Before applying for the Parent Plus Loan, you or your child must complete the Free Application for Federal Student Aid (FAFSA). This form is available online and must be filled out annually to determine your eligibility for financial aid. The FAFSA is crucial because it will determine your child's eligibility for other federal student loans and grants.
03
Visit the Federal Student Aid website: To apply for the 2012-2013 Parent Plus Loan, you will need to visit the Federal Student Aid website and log in using your FSA ID. If you do not have an FSA ID, you can create one on the website. Once logged in, navigate to the "Apply for a Direct PLUS Loan" section.
04
Select the relevant loan year: On the application page, you will be prompted to select the loan year for which you are applying. Choose the 2012-2013 academic year from the drop-down menu.
05
Provide personal and financial information: The application will ask for your personal information, such as your name, address, and contact details. You will also need to provide your child's name and school information. Additionally, you will be asked to provide detailed financial information, including your income and assets.
06
Complete the Master Promissory Note (MPN): As part of the application process, you will need to complete the Master Promissory Note, which is a legally binding agreement to repay the loan. Read through the terms and conditions carefully and provide all required information accurately.
07
Submit the application: Once you have completed all the necessary sections of the application and MPN, review everything to ensure accuracy. Afterward, submit the application for processing.
Who needs 2012-2013 Parent Plus Loan?
01
Parents of dependent undergraduate students: The 2012-2013 Parent Plus Loan is specifically designed for parents or legal guardians of dependent undergraduate students. If you have a child who is enrolled at least half-time in an eligible educational institution, you may be eligible to apply for this loan.
02
Parents with limited financial means: The Parent Plus Loan is intended to assist parents who may not qualify for other types of financial aid or who require additional funding to cover the costs of their child's education. This loan can be a suitable option for parents who do not want their child to solely rely on their own loans or grants.
03
Parents seeking flexible repayment options: The 2012-2013 Parent Plus Loan offers various repayment options to accommodate different financial situations. Parents can choose from standard repayment, extended repayment, or income-driven repayment plans. These options provide flexibility in managing the repayment of the borrowed funds.
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What is parent plus loan?
A Parent PLUS Loan is a federal student loan that is available to the parents of dependent undergraduate students to help pay for the student's education.
Who is required to file parent plus loan?
The parent or parents of a dependent undergraduate student are required to file for a Parent PLUS Loan.
How to fill out parent plus loan?
To fill out a Parent PLUS Loan, parents must complete the application on the Federal Student Aid website and pass a credit check.
What is the purpose of parent plus loan?
The purpose of a Parent PLUS Loan is to help parents cover the cost of their child's education that is not already covered by other financial aid.
What information must be reported on parent plus loan?
Parents must report their personal and financial information, as well as information about the student's school, on a Parent PLUS Loan application.
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