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Get the free Parent PLUS Increase Award Request Form

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FINANCIAL AID OFFICE ONLINE TEL: 8447873834 (TOLL FREE) AUGUSTA TEL: 2072132500CEDAR RAPIDS TEL: 3193630481 DAVENPORT TEL: 5633553500 DES MOINES TEL: 5157272100HAGERSTOWN TEL: 3017663600 INDIANAPOLIS
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How to fill out parent plus increase award

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How to fill out parent plus increase award

01
Gather all the necessary documents such as your personal information, income documents, and tax returns.
02
Contact the financial aid office at your child's institution to obtain the Parent PLUS Loan application form.
03
Fill out the application form accurately, providing all the necessary information about yourself and your child.
04
Indicate the amount of loan increase you are requesting and provide any supporting documentation if required.
05
Submit the completed application form along with the required documents to the financial aid office.
06
Wait for the financial aid office to review your application and make a decision on your loan increase request.
07
If approved, you will receive notification from the financial aid office regarding the increased award amount.
08
Make sure to carefully review and understand the terms and conditions of the increased award before accepting it.
09
If you decide to accept the increased award, follow the instructions provided by the financial aid office to finalize the process.
10
Once finalized, the increased award will be disbursed to your child's institution to cover the additional costs.

Who needs parent plus increase award?

01
Parents who have already taken out a Parent PLUS Loan and require additional funds to cover their child's educational expenses may need to apply for a Parent PLUS increase award. These loans are typically used when the initial loan amount approved is not sufficient to meet the financial needs of the student. Parent PLUS increase awards can help bridge the gap between the original loan amount and the actual cost of attendance, allowing parents to provide further financial support for their child's education.
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Parent plus increase award is a program that allows parents to borrow money on behalf of their dependent undergraduate child.
Parents who are interested in borrowing money on behalf of their dependent undergraduate child are required to file the parent plus increase award.
Parents can fill out the parent plus increase award by completing the application online or submitting a paper application to the financial aid office.
The purpose of parent plus increase award is to provide additional financial assistance to parents of dependent undergraduate students.
Parents must report their financial information, including income and assets, when applying for parent plus increase award.
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