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Federal Direct Parent Loan (PLUS) Request Form and Procedures Directions: Complete Sections A, B & C below and return to Financial Aid Office on Franklin or Suffolk Campus. You may also email to Financial
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How to fill out federal direct parent loan

01
Begin by completing the Free Application for Federal Student Aid (FAFSA) form online at https://fafsa.ed.gov.
02
Provide your personal and financial information as required in the FAFSA form.
03
Indicate your interest in the Federal Direct Parent PLUS Loan by selecting it as an option in the loan section of the FAFSA form.
04
Once the FAFSA form is processed, you will receive a Student Aid Report (SAR) which will include information about your eligibility for the Federal Direct Parent PLUS Loan.
05
Contact the college or university your child plans to attend and inquire about their process for applying for the Federal Direct Parent PLUS Loan.
06
Complete the Federal Direct Parent PLUS Loan application provided by the college or university. This may involve submitting additional documentation such as income verification.
07
The college or university will review your application and determine your eligibility for the loan.
08
If approved, you will receive a disclosure statement outlining the terms and conditions of the loan.
09
Sign the disclosure statement to accept the loan and agree to the terms.
10
The college or university will then disburse the loan funds directly to your child's school to cover the cost of tuition, fees, and other educational expenses.
11
Make sure to repay the Federal Direct Parent PLUS Loan according to the repayment plan and schedule provided by the loan servicer.

Who needs federal direct parent loan?

01
The Federal Direct Parent Loan (PLUS Loan) is designed for parents of dependent undergraduate students who need additional financial assistance to cover the cost of their child's education.
02
Parents who do not have adverse credit history and are willing to take on the responsibility of repaying the loan are eligible to apply.
03
It is a good option for parents who want to help their child pay for college and have the financial means to do so.
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Federal Direct Parent Loan (PLUS) is a federal loan available to parents of dependent undergraduate students to help pay for educational expenses.
Parents of dependent undergraduate students are required to file for Federal Direct Parent Loan (PLUS).
Parents can fill out the Federal Direct Parent Loan (PLUS) application online through the studentaid.gov website.
The purpose of Federal Direct Parent Loan (PLUS) is to help parents cover educational expenses for their dependent undergraduate students.
Parents must report their financial information and undergo a credit check while applying for Federal Direct Parent Loan (PLUS).
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