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LNR VRP LNR VPC SERVED Office of Student Financial Width Welcome Center 42 West Warren P.O. Box 2340 Detroit, MI 482020340 3135772100 Fax: 3135776648 student service Wayne.edu wayne.edu/financialaid
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How to fill out 2019-20 federal direct plus

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How to fill out 2019-20 federal direct plus

01
Begin by gathering all the necessary documents and information such as your Social Security number, driver's license or state ID, and your 2019 tax returns.
02
Go to the official website of the U.S. Department of Education and login to your FSA (Federal Student Aid) account.
03
Select the option for completing a Direct PLUS Loan Application and enter the required information about yourself as the borrower.
04
Specify the loan amount you are requesting and choose the loan period (typically for the academic year 2019-2020).
05
Provide the requested information about the student for whom the loan is being borrowed, including their name, school, and other relevant details.
06
Review all the entered information carefully and ensure its accuracy.
07
Sign the application electronically using your FSA ID.
08
Submit the completed application and wait for the confirmation of your loan processing results.
09
If approved, you will need to complete the Direct PLUS Loan Master Promissory Note (MPN) to finalize the loan agreement.
10
Make sure to monitor the status of your loan application and follow up with any additional requirements or requests from the loan servicer.

Who needs 2019-20 federal direct plus?

01
The 2019-20 federal direct plus loan is needed by parents or legal guardians of dependent undergraduate students who require additional financial assistance to cover education expenses.
02
It is also relevant for graduate or professional students who need to finance their own education and have reached the maximum limit of federal Stafford loans.
03
Eligibility for the Direct PLUS loan is not based on financial need, but the borrower's creditworthiness is considered during the application process.
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20 federal direct plus is a loan program for parents of dependent undergraduate students.
Parents of dependent undergraduate students are required to file 20 federal direct plus if they need additional financial assistance for their child's education.
To fill out 20 federal direct plus, parents must complete the application online at the Federal Student Aid website.
The purpose of 20 federal direct plus is to provide additional financial assistance to parents to help pay for their child's education expenses.
Parents must report their personal and financial information, as well as the amount of loan they are applying for on 20 federal direct plus.
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