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

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Drake UniversityOffice of Student Financial Planning 20182019 Federal Direct Graduate Loan RequestFall/Spring ALL SECTIONS MUST BE COMPLETE AND THE FORM SIGNED IN ORDER TO HAVE A LOAN CERTIFIED BY
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How to fill out federal direct graduate loan

01
Complete a Free Application for Federal Student Aid (FAFSA) form online.
02
Select the school you plan to attend and provide their school code on the FAFSA form.
03
Indicate that you are interested in receiving federal student aid, including Direct Loans.
04
Review your Student Aid Report (SAR) and make any necessary changes or corrections.
05
Wait for your school to determine your financial aid eligibility and create an award package.
06
Accept the federal direct graduate loan offer from your school if you want to borrow the funds.
07
Complete the Direct Loan Entrance Counseling, which provides information about your rights and responsibilities as a borrower.
08
Sign a Master Promissory Note (MPN), which is a legal document stating that you promise to repay the loan.
09
Your school will disburse the loan funds directly to you or apply them to your tuition and fees.
10
Repay the loan according to the terms and conditions outlined by the loan servicer.

Who needs federal direct graduate loan?

01
Graduate students who are pursuing an advanced degree and require financial assistance may need a federal direct graduate loan.
02
The loan can help cover educational expenses such as tuition, fees, books, supplies, and living expenses.
03
Individuals who do not have sufficient personal funds or other forms of financial aid may rely on federal direct graduate loans.
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It is important to note that eligibility for federal student loans is determined by factors such as enrollment status, financial need, and academic progress.
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The Federal Direct Graduate Loan is a loan available to graduate or professional students to help cover the cost of their education.
Graduate or professional students who need financial assistance to pay for their education are required to file for the Federal Direct Graduate Loan.
To fill out the Federal Direct Graduate Loan, students must complete the FAFSA form and submit any additional documentation required by their school.
The purpose of the Federal Direct Graduate Loan is to provide financial assistance to graduate or professional students to help cover the cost of their education.
Students must report their financial information, including income and assets, as well as information about their school and program of study.
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