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PAINE COLLEGEOffice of Financial Telephone: 7068218262 18004767703 1235 Fifteenth Street Augusta, GA 309013182Fax: 706821869120172018 REQUEST FOR ADDITIONAL FEDERAL DIRECT UNSUBSIDIZED FONDUE TO PARENT
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01
To fill out the Parent PLUS Loan application, follow these steps:
02
Go to the official website of the U.S. Department of Education or Federal Student Aid (studentaid.gov).
03
Log in using your FSA ID (Federal Student Aid ID). If you don't have an FSA ID, create one by clicking on the "Create Account" button.
04
Once logged in, locate and select the "Apply for Loans" option.
05
Choose the option for Parent PLUS Loans and select the appropriate loan period.
06
Complete the application by providing accurate personal and financial information.
07
If you are applying as a parent, ensure that you have the necessary information and documentation about your dependent child.
08
Review the information you entered and make any necessary corrections or updates.
09
Sign and submit the application.
10
You will receive an instant decision on your eligibility and loan amount.
11
If approved, you will need to complete the Master Promissory Note (MPN) to finalize the loan process.
12
Keep track of important deadlines and requirements for repayment.
13
Note: It is recommended to use the IRS Data Retrieval Tool to automatically transfer your tax information into the application for accurate and faster processing.

Who needs due to parent plus?

01
Parents of dependent undergraduate students may need to consider applying for a Parent PLUS Loan.
02
Parents who meet the eligibility criteria and are willing to take on the responsibility of repaying the loan can benefit from the Parent PLUS Loan program.
03
This loan is specifically designed to help parents cover the remaining educational expenses of their dependent children after other financial aid options have been exhausted.
04
It is especially useful for parents who may not have sufficient savings or income to pay for their child's education out of pocket.
05
Parent PLUS Loans can provide assistance in funding tuition, room and board, books, supplies, and other educational expenses.
06
However, it's important for parents to carefully consider the loan terms, interest rates, and their ability to repay before applying for a Parent PLUS Loan.

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Parent PLUS loans are federal loans that parents of dependent undergraduate students can use to help pay for college or career school.
Parents of dependent undergraduate students are the ones required to file for Parent PLUS loans.
To apply for a Parent PLUS loan, parents must complete the application online at StudentLoans.gov.
The purpose of Parent PLUS loans is to help parent cover the cost of their child's education.
Parents must provide information about their financial situation and credit history when applying for a Parent PLUS loan.
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