Get the free 2017-18 Federal Direct PLUS Loan Revision Form - wayne
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LNR VRP LNR VPC SERVED Office of Student Financial Aid The Welcome Center 42 West Warren P.O. Box 2340 Detroit, MI 482020340 3135772100 Fax: 3135776648 student service Wayne.edu wayne.edu/financialaid
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How to fill out 2017-18 federal direct plus
How to fill out 2017-18 federal direct plus
01
Gather all the necessary information and documents, such as your Social Security number, driver's license, and tax information.
02
Go to the official website of the Federal Student Aid program.
03
Click on the 'Apply for Direct PLUS Loan' link on the homepage.
04
Log in using your FSA ID (the same ID used to complete the FAFSA). If you don't have one, create an FSA ID first.
05
Start the application process by selecting the appropriate loan year (2017-18) and providing your personal, financial, and school information.
06
Indicate the loan amount you wish to borrow and choose your loan repayment plan.
07
Complete the Direct PLUS Loan Master Promissory Note (MPN) electronically.
08
Review your application to ensure accuracy and submit it.
09
Await approval from the Department of Education; you will be notified of the decision.
10
If approved, sign the MPN and complete any required counseling sessions.
11
The loan funds will be disbursed directly to the school to cover the educational expenses.
12
Make sure to keep track of your loan repayment schedule and fulfill your obligations accordingly.
Who needs 2017-18 federal direct plus?
01
Parents or legal guardians who want to borrow a federal loan to help pay for the education-related expenses of their dependent undergraduate student.
02
Graduate or professional students who require additional financial assistance beyond their own federal student loans.
03
Individuals who can demonstrate creditworthiness or have an endorser (co-signer) willing to take responsibility for the loan.
04
Those who prioritize federal loan benefits, such as flexible repayment options and potential forgiveness programs.
05
Students who are attending an eligible institution participating in the Direct Loan Program.
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