Get the free Federal Direct PLUS Loan Request Form Graduate PLUS 2013-2014 Student Information: N...

Federal Direct PLUS Loan Request Form Graduate PLUS 2013-2014 Student Information: Name: Student ID#: Student SSN: Parent PLUS FOR STUDENT FINANCIAL SERVICES USE ONLY: CREDIT: APPROVED / DECLINED

How to fill out federal direct plus loan

How to Fill Out Federal Direct PLUS Loan:

Gather necessary information and documents:

1. Social Security Number
2. Driver's license or other form of identification
3. Federal Student Aid (FSA) ID
4. Proof of income (e.g., pay stubs, tax returns)
5. Personal information of the student for whom the loan is being taken (e.g., name, date of birth, student ID)

Go to the official Federal Student Aid website:

1. Visit the U.S. Department of Education's website or StudentAid.gov.
2. Look for the section on PLUS Loans and select "Apply for a Direct PLUS Loan."

Complete the online application:

1. Enter your personal information as prompted, including your name, address, and contact details.
2. Provide information about your child (the student) for whom you are taking the loan.

Choose the loan period and loan amount:

1. Specify the academic year for which you need the loan, e.g., 2021-2022.
2. Indicate the loan amount you wish to borrow. It's generally recommended to borrow only what you need to cover educational expenses.

Complete the credit check process:

1. You will need to authorize a credit check as part of the application process.
2. If you have adverse credit history, you may need to obtain an endorser or appeal the credit decision.

Review loan terms and conditions:

1. Carefully read through the terms and conditions of the loan before submitting your application.
2. Take note of interest rates, repayment options, and any fees associated with the loan.

Sign the master promissory note (MPN):

Once the application is approved, you may be required to sign the MPN, which is a legally binding agreement to repay the loan.

Receive confirmation and disbursement:

1. Upon successful completion of the application and MPN, you will receive confirmation of your loan approval.
2. The loan funds will be disbursed directly to the institution that your child is attending.

Who Needs Federal Direct PLUS Loan:

Parents of undergraduate students:

1. The Federal Direct PLUS loan is designed to help parents or legal guardians of dependent undergraduate students finance their child's education.
2. It provides an additional loan option when other financial aid options may not cover the total cost of attendance.

Graduate or professional students:

Graduate or professional students who have received the maximum amount of unsubsidized loans or have exhausted other financial aid options can also consider applying for the Federal Direct PLUS Loan.

Non-traditional students:

The loan is not limited to a specific group of individuals and can be utilized by non-traditional students who meet the eligibility criteria.

Remember, it's essential to assess your financial situation and consider the potential long-term impacts of borrowing before applying for any loan.

For pdfFiller’s FAQs

What is federal direct plus loan?

Federal Direct PLUS Loan is a federal loan that graduate or professional students and parents of dependent undergraduate students can use to help pay for college.

Who is required to file federal direct plus loan?

Parents of dependent undergraduate students and graduate or professional students are required to file the Federal Direct PLUS Loan application.

How to fill out federal direct plus loan?

To fill out Federal Direct PLUS Loan application, applicants need to complete the online application on the Federal Student Aid website and submit any required documentation.

What is the purpose of federal direct plus loan?

The purpose of Federal Direct PLUS Loan is to help cover the cost of education for graduate or professional students and parents of dependent undergraduate students.

What information must be reported on federal direct plus loan?

Applicants must report their personal information, financial information, and the institution's information on the Federal Direct PLUS Loan application.

Where do I find federal direct plus loan?

It's simple using pdfFiller, an online document management tool. Use our huge online form collection (over 25M fillable forms) to quickly discover the federal direct plus loan. Open it immediately and start altering it with sophisticated capabilities.

Can I create an eSignature for the federal direct plus loan in Gmail?

Use pdfFiller's Gmail add-on to upload, type, or draw a signature. Your federal direct plus loan and other papers may be signed using pdfFiller. Register for a free account to preserve signed papers and signatures.

Can I edit federal direct plus loan on an Android device?

You can make any changes to PDF files, like federal direct plus loan, with the help of the pdfFiller Android app. Edit, sign, and send documents right from your phone or tablet. You can use the app to make document management easier wherever you are.