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FEDERAL DIRECT PLUS LOAN REQUEST FORM 20192020 Student Name: Student ID#: I will graduate from Finger Lakes Community College in December 2019. If my parents application is declined, I am requesting
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How to fill out federal direct plus loan

01
To fill out a Federal Direct PLUS Loan, follow these steps:
02
Log in to the Federal Student Aid website using your FSA ID.
03
Select the option 'Apply for a Direct PLUS Loan' from the menu.
04
Choose the 'Direct PLUS Loan Application for Parents' if you are a parent borrower, or choose the 'Direct PLUS Loan Application for Graduate/Professional Students' if you are a graduate/professional student borrower.
05
Complete the required personal and financial information sections.
06
Indicate the loan period for which you are applying.
07
Confirm the loan amount you wish to borrow.
08
Agree to the terms and conditions by signing electronically.
09
Review the completed application and submit it.
10
Wait for the loan approval notification from your school's financial aid office.
11
If approved, complete the Master Promissory Note (MPN) and any additional requirements specified by your school.
12
The loan funds will be disbursed directly to your school to cover the cost of education.

Who needs federal direct plus loan?

01
A Federal Direct PLUS Loan is typically needed by parents of dependent undergraduate students or graduate/professional students who require additional funding to cover the cost of education.
02
Parents may need this loan to supplement their child's financial aid and assist with college expenses.
03
Graduate/professional students may need this loan to cover educational costs not covered by other forms of financial aid.
04
It serves as a credit-based loan option for those who do not qualify for other types of federal student aid or need to borrow more than what is offered through other federal loan programs.
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A Federal Direct PLUS Loan is a federal loan available to parents of dependent undergraduate students.
Parents of dependent undergraduate students may apply for a Federal Direct PLUS Loan.
To apply for a Federal Direct PLUS Loan, parents can complete the application online at studentaid.gov.
The purpose of a Federal Direct PLUS Loan is to help cover educational expenses not covered by other financial aid.
Parents will need to provide personal, income, and financial information when applying for a Federal Direct PLUS Loan.
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