Get the free Parent PLUS Loan Request Form - Landmark College - landmark
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Student Information: Last Name: First Name: Date of Birth: / / SSN: — Parent Information: Last Name: First Name: Date of Birth: / / SSN: — Amount you would like to borrow for the 2014-2015 Academic
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How to fill out parent plus loan request
How to Fill Out Parent Plus Loan Request:
01
Gather required information: Before starting the application process, make sure you have all the necessary information on hand. This includes your personal information, such as Social Security number and driver's license, as well as your student's information, such as their school details and enrollment status.
02
Visit the official Parent Plus Loan website: Go to the official U.S. Department of Education website or the website of your chosen loan servicer. Look for the specific parent plus loan request section.
03
Create an account: If you don't already have an account, create one by providing your personal details and creating a username and password. This account will be used to access your loan information throughout the repayment process.
04
Start the application: Once you have logged into your account, navigate to the parent plus loan request section and begin the application process. Follow the prompts and provide accurate and complete information.
05
Enter the loan amount: During the application, you will be asked to specify the loan amount you are requesting. Consider your student's financial needs and only borrow what is necessary to cover educational expenses.
06
Review and submit the application: Before submitting the loan request, thoroughly review all the information you have provided. Double-check for any errors or mistakes. Once you are confident in the accuracy of the application, submit it for review.
Who Needs Parent Plus Loan Request:
01
Parents of undergraduate students: The parent plus loan request is specifically designed for parents or legal guardians of dependent undergraduate students who need additional financial assistance to cover education-related expenses.
02
Students without sufficient aid: If the student has already exhausted their eligibility for federal student loans or scholarships, or if their financial aid package doesn't cover the full cost of attendance, parents may consider applying for a parent plus loan.
03
Proven creditworthiness: The parent requesting the loan must have a good credit history and meet certain eligibility criteria. These loans are credit-based, meaning the parent's creditworthiness will be evaluated during the application process.
04
Co-borrowers: In some cases, a parent may not meet the credit requirements to secure a parent plus loan. In such situations, the student may consider finding a co-borrower who meets the eligibility criteria to increase the chances of loan approval.
Remember, it is important to carefully consider the terms and conditions of the loan before borrowing. Ensure that you understand the repayment obligations and explore other financial aid options available to you and your student.
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What is parent plus loan request?
Parent PLUS Loan request is a federal loan that parents of dependent undergraduate students can use to help pay for college expenses.
Who is required to file parent plus loan request?
Parents of dependent undergraduate students are required to file a Parent PLUS Loan request.
How to fill out parent plus loan request?
Parents can fill out the Parent PLUS Loan request online on the official government website by providing their personal information and authorizing a credit check.
What is the purpose of parent plus loan request?
The purpose of the Parent PLUS Loan request is to help parents cover the cost of their child's education expenses that are not met by other financial aid.
What information must be reported on parent plus loan request?
Parents must report their personal information, financial information, and authorize a credit check on the Parent PLUS Loan request form.
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