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2013-2014 Federal Direct PLUS Loan Overview The Federal Direct Parent Loan for Undergraduate Students (PLUS) is a low interest loan program that enables parents of dependent undergraduate students
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How to fill out 2013-2014 federal direct plus
How to fill out 2013-2014 federal direct plus:
01
Gather the necessary documents: Before starting the process to fill out the 2013-2014 federal direct plus, make sure you have all the required documents handy. This may include your Social Security number, driver's license, income tax returns, and other financial information.
02
Access the application: Visit the official website of the U.S. Department of Education to find the application form for the 2013-2014 federal direct plus. You can either download a printable copy or complete it online, depending on your preference.
03
Provide personal information: Begin by entering your personal details accurately, such as your name, address, email, and phone number. Double-check the information to avoid any mistakes or discrepancies.
04
Enter student information: In this section, you will need to provide relevant information about the student for whom you are applying for the federal direct plus loan. This may include the student's name, date of birth, Social Security number, and school information.
05
Fill out the loan details: You will be required to enter information regarding the loan amount you are requesting, the loan period, and the disbursement options. Make sure to review the terms and conditions, as well as the interest rates associated with the loan, before proceeding.
06
Complete the loan credit check: You will need to authorize a credit check as part of the application process. The federal direct plus loan requires applicants to have a satisfactory credit history. If you have any concerns about your credit, it is advisable to address them or consider applying with a creditworthy endorser.
07
Review and submit: After completing all the sections of the application, carefully review all the provided information to ensure accuracy. Any errors or missing information could lead to delays or denial of your loan request. Finally, submit the application.
Who needs 2013-2014 federal direct plus?
01
Parents of dependent undergraduate students: The 2013-2014 federal direct plus loan is primarily designed for parents who want to borrow money to help pay for their dependent child's education expenses during that academic period.
02
Graduate or professional students: In certain situations, graduate or professional students may also be eligible for the federal direct plus loan. This enables individuals pursuing advanced degrees to cover their educational costs.
03
Students attending eligible institutions: The federal direct plus loan is available to students attending eligible colleges, universities, and professional schools approved to participate in the federal student aid programs. Students should ensure that their institution qualifies before pursuing this loan option.
Remember, it's always crucial to assess your financial situation and consider other available forms of financial aid before opting for the federal direct plus loan. Researching and understanding the terms, interest rates, and repayment options associated with the loan is essential to make an informed decision.
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What is federal direct plus loan?
Federal Direct PLUS Loan is a federal student loan that parents of dependent undergraduate students can use to help pay for college or career school.
Who is required to file federal direct plus loan?
Parents of dependent undergraduate students can apply for and receive a Federal Direct PLUS Loan.
How to fill out federal direct plus loan?
To fill out a Federal Direct PLUS Loan, parents can complete the application online at the official Federal Student Aid website.
What is the purpose of federal direct plus loan?
The purpose of Federal Direct PLUS Loan is to help parents cover the cost of their child's education at a college or career school.
What information must be reported on federal direct plus loan?
Parents applying for a Federal Direct PLUS Loan must report their personal information, income, and credit history.
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