Get the free Federal Direct PLUS Loan Request Form 2017-2018 Academic
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Federal Direct PLUS Loan Request Form
20172018 Academic YearStudent Section
Class of:
STUDENT NAME:STUDENT ID:Loan Amount
You can borrow up to your cost of attendance minus any other Financial Aid
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How to fill out federal direct plus loan
How to fill out federal direct plus loan
01
To fill out a federal direct PLUS loan, follow these steps:
02
Go to the official website of the U.S. Department of Education.
03
Log in using your FSA ID (Federal Student Aid ID).
04
Select the option to complete a Direct PLUS Loan Application for Parents or Direct PLUS Loan Application for Graduate/Professional Students.
05
Provide the requested personal and financial information accurately and completely.
06
Choose the loan amount you wish to borrow.
07
Review the terms and conditions of the loan carefully.
08
Sign the electronic Master Promissory Note (MPN) as a legally binding agreement to repay the loan.
09
Submit the completed application for review and wait for approval from the Department of Education.
10
If approved, you will receive further instructions on how to proceed with the loan disbursement.
11
Once the loan is disbursed, make sure to keep track of repayment deadlines and fulfill your loan obligations on time.
Who needs federal direct plus loan?
01
The federal direct PLUS loan is primarily designed for parents of dependent undergraduate students or graduate/professional students who need additional funding to cover education expenses.
02
Some common reasons why someone may need a federal direct PLUS loan include:
03
- Insufficient financial aid from other sources to cover the total cost of attendance
04
- Parents who want to borrow on behalf of their undergraduate children to assist with educational expenses
05
- Graduate or professional students who require financial assistance beyond what is available through other federal student aid programs
06
It is important to note that eligibility for a federal direct PLUS loan depends on credit history and other factors. Before considering this loan, it is advisable to explore other forms of financial aid and scholarships.
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What is federal direct plus loan?
Federal Direct PLUS Loan is a federal student loan that parents of dependent undergraduate students can use to help pay for education expenses.
Who is required to file federal direct plus loan?
Parents of dependent undergraduate students are required to file for a Federal Direct PLUS Loan.
How to fill out federal direct plus loan?
To fill out a Federal Direct PLUS Loan, parents can apply online through the Department of Education's website using the Free Application for Federal Student Aid (FAFSA) or directly through the school's financial aid office.
What is the purpose of federal direct plus loan?
The purpose of Federal Direct PLUS Loan is to help parents cover educational expenses that are not already covered by other financial aid. This loan can be used to pay for tuition, room and board, and other college-related costs.
What information must be reported on federal direct plus loan?
Parents will need to provide personal information, financial details, and other supporting documents when applying for a Federal Direct PLUS Loan.
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