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Get the free Federal Direct PLUS Loan Data Request Form ... - Brockport - brockport

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Student Name: Banner ID#: 800 2012/13 L12S Federal Direct PLUS Loan Data Request Form (Graduate Students) We have received notification that you may be interested in applying for a Federal Direct
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How to fill out federal direct plus loan

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How to fill out federal direct plus loan:

01
Visit the official website of the U.S. Department of Education or the Federal Student Aid website to access the Free Application for Federal Student Aid (FAFSA) form.
02
Provide all the necessary personal and financial information on the FAFSA form, including your Social Security number, income details, and tax information.
03
Indicate that you are interested in applying for a Federal Direct PLUS loan by selecting it as an option on the FAFSA form.
04
Submit the completed FAFSA form and wait for the confirmation of its processing.
05
Once your FAFSA has been processed, you will receive a Student Aid Report (SAR) which will include your Expected Family Contribution (EFC) and information about your eligibility for federal aid, including the Federal Direct PLUS loan.
06
To apply for the Federal Direct PLUS loan, complete the Federal Direct PLUS Loan Application and Master Promissory Note (MPN) available on the Federal Student Aid website.
07
Provide the necessary personal and financial information on the application, including your contact information, loan amount requested, and employment details.
08
Submit the completed Federal Direct PLUS Loan Application and MPN.
09
The loan request will be then processed, and if approved, you will receive a disclosure statement outlining the terms and conditions of the loan.
10
Review the disclosure statement carefully and sign and return it if you agree to the terms.
11
Once the disclosure statement is submitted, the loan funds will be disbursed to your school or university to cover your educational expenses.

Who needs federal direct plus loan:

01
Graduate or professional students who have exhausted their other federal student loan options, such as the Federal Direct Subsidized or Unsubsidized loans, may need the Federal Direct PLUS loan to cover additional education expenses.
02
Parents of dependent undergraduate students can also choose to apply for the Federal Direct PLUS loan to help finance their child's education.
03
The Federal Direct PLUS loan can be a suitable option for borrowers who require extra funds to cover the cost of tuition, housing, books, or other educational expenses that are not covered by other financial aid resources.
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The 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 or career school.
Graduate/professional students or parents of dependent undergraduate students are required to file for the Federal Direct PLUS Loan.
To fill out the Federal Direct PLUS Loan, applicants must complete a Direct PLUS Loan Application and a Master Promissory Note (MPN) online at studentaid.gov.
The purpose of the Federal Direct PLUS Loan is to help cover expenses not covered by other financial aid options.
Applicants must report personal and financial information, such as income, assets, and expenses, on the Federal Direct PLUS Loan Application.
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