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Get the free Federal Graduate PLUS Loan Request Form - Drake University

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Drake University 2018 Summer Financial Aid Application THIS APPLICATION IS A SUMMER AWARDING REQUIREMENT, NOT A LOAN REQUEST FORM. YOU MUST ANSWER YES TO ALL QUESTIONS or YOU ARE NOT ELIGIBLE TO SUBMIT
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How to fill out federal graduate plus loan

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How to fill out federal graduate plus loan

01
To fill out the federal graduate plus loan application, follow these steps:
02
Access the official website of the U.S. Department of Education.
03
Log in using your FSA ID or create a new FSA ID if you don't have one.
04
Locate the online application for the federal graduate plus loan.
05
Fill in your personal information, including your name, Social Security number, and contact details.
06
Provide your school and program information, including the name of the institution and the academic program you are enrolled in.
07
Enter your requested loan amount, considering the federal loan limits and your financial needs.
08
Review the terms and conditions of the loan carefully before submitting the application.
09
Submit the application and wait for the loan approval process to be completed.
10
If approved, sign the master promissory note (MPN) to accept the loan terms and conditions.
11
Complete any additional requirements or documentation requested by the loan servicer or your school.
12
Attend an entrance counseling session, if required by your school, to understand your rights and responsibilities as a borrower.
13
Once all requirements are fulfilled, the loan funds will be disbursed to your school to cover your educational expenses.

Who needs federal graduate plus loan?

01
Federal graduate plus loans are designed for graduate or professional students who need additional funding to cover their educational expenses.
02
Specifically, those who may benefit from federal graduate plus loans include:
03
Graduate students pursuing advanced degrees, such as master's or doctoral degrees.
04
Professional students in fields like law, medicine, or dentistry.
05
Students who have exhausted their eligibility for other federal student aid programs, such as Direct Subsidized and Unsubsidized Loans.
06
Individuals who require funding beyond the maximum limits offered by other federal loan programs.
07
Students who need financial support to cover tuition, fees, books, supplies, and other educational expenses.
08
It is important to note that federal graduate plus loans typically require a credit check, and the borrower must not have an adverse credit history.
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Federal Graduate Plus Loan is a federal loan program that allows graduate students to borrow money to help pay for their education.
Graduate students who need additional funds to cover educational expenses beyond what is available through other federal financial aid programs may opt to apply for a Federal Graduate Plus Loan.
To fill out a Federal Graduate Plus Loan, students can visit the official website of the Federal Student Aid and complete the online application form.
The purpose of the Federal Graduate Plus Loan is to provide additional funding for graduate students to cover the cost of their education that is not covered by other federal financial aid programs.
When applying for a Federal Graduate Plus Loan, students must provide information about their financial situation, the school they are attending, and the amount of loan they are requesting.
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