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Get the free Federal Direct PLUS loan application - StudentLoans.gov

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Federal Direct Parent PLUS Loan Request Form 2019 2020 A parent may apply for a Federal Direct Parent PLUS Loan to pay for educational expenses of an eligible dependent undergraduate student enrolled
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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
Visit the official Federal Student Aid (FSA) website.
03
Log in using your FSA ID. If you don't have an FSA ID, create one by clicking on the 'Create an FSA ID' option.
04
Once logged in, select the 'Apply for Aid' option.
05
Choose the 'Apply for a Direct PLUS Loan' option.
06
Select the relevant academic year.
07
Complete the online application by providing the required personal and financial information.
08
Review and double-check the information you entered.
09
Sign the application using your FSA ID.
10
Submit the application.
11
Wait for the loan approval notification from the Department of Education or your chosen loan servicer.
12
If approved, you will need to complete the Master Promissory Note (MPN) and any other additional requirements as instructed by the loan servicer.
13
Once all the necessary documents are submitted and approved, your federal direct PLUS loan will be disbursed to your designated school.

Who needs federal direct plus loan?

01
Individuals who may need a federal direct PLUS loan include:
02
- Parents of dependent undergraduate students who need additional funding to cover educational expenses.
03
- Graduate or professional students who require extra financial assistance to pay for their education.
04
- Independent undergraduate students who have exhausted their eligibility for other federal student aid and need further financial support.
05
- Students or parents who do not qualify for other types of loans but require funds to cover education costs.
06
- Individuals who want to take advantage of the flexible repayment options and lower interest rates offered by federal direct PLUS loans.
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Federal Direct PLUS Loan is a federal loan for graduate students and parents of dependent undergraduate students to help cover the cost of higher education.
Graduate students and parents of dependent undergraduate students who want to borrow additional funds to help pay for education expenses.
To apply for a Federal Direct PLUS Loan, you must complete the application on the Department of Education's website or through your child's school financial aid office.
The purpose of Federal Direct PLUS Loan is to help cover the cost of higher education expenses that are not covered by other financial aid.
You will need to provide personal and financial information, including your Social Security number, income and employment details, and information about the school your child is attending.
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