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20182019 FEDERAL PLUS LOAN REQUEST FORM (To be completed by PARENT of Brescia University student) Parents please submit this form if you want to request a parent Plus Loan. Student Name: Student SSN:
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How to fill out 2018-2019 federal plus loan
How to fill out 2018-2019 federal plus loan
01
Gather all necessary documents such as your Social Security number, driver's license, and income tax returns.
02
Visit the Federal Student Aid (FAFSA) website and complete the Free Application for Federal Student Aid (FAFSA) form.
03
Indicate that you are interested in applying for a Federal PLUS Loan on the FAFSA form.
04
Wait for your FAFSA form to be processed and receive a Student Aid Report (SAR) detailing your eligibility.
05
Contact your child's school's financial aid office to confirm your eligibility and request a Federal PLUS Loan application.
06
Fill out the Federal PLUS Loan application, providing accurate and up-to-date information.
07
Submit the completed application to your child's school's financial aid office.
08
Complete the Federal PLUS Loan Master Promissory Note (MPN) online or through a paper form.
09
Wait for the loan approval and disbursement process to be completed.
10
Review the loan terms and conditions, including interest rates and repayment options.
11
Attend any mandatory loan counseling sessions.
12
If approved, the loan funds will be disbursed directly to the school to cover your child's educational expenses.
13
Begin repaying the loan according to the agreed-upon terms after your child graduates or leaves school.
Who needs 2018-2019 federal plus loan?
01
Parents of undergraduate students who have dependent children enrolled in eligible higher education institutions can apply for the 2018-2019 Federal PLUS Loan.
02
These loans are designed to help cover the remaining educational costs after other financial aid options have been exhausted.
03
Parents who do not have adverse credit history and have the ability to repay the loan are eligible to apply.
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