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Federal Direct PLUS Loan Application Instructions 20162017 Thank you for your interest in the Federal Direct PLUS Loan Program. In order to apply, please complete the following THREE steps. Step one:

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How to fill out federal direct plus loan

01

Step 1: Gather the required documents such as your social security number, driver's license, and tax returns.

02

Step 2: Visit the official website of the Department of Education and log in using your FSA ID.

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Step 3: Select the option to apply for a Direct PLUS Loan and complete the application form.

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Step 4: Provide the necessary information about the school you or your child will be attending.

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Step 5: Enter the loan amount you wish to borrow and review the terms and conditions.

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Step 6: Sign the Master Promissory Note (MPN) to agree to repay the loan.

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Step 7: Wait for the loan approval decision from the Department of Education.

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Step 8: If approved, the school will notify you about the loan disbursement process.

09

Step 9: Monitor your loan status and make timely repayments according to the loan terms.

Who needs federal direct plus loan?

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Federal Direct PLUS Loan is typically needed by parents of dependent undergraduate students who require additional funds to cover their education expenses.

02

It can also be taken by graduate or professional students who need financial assistance beyond their other federal student aid.

03

The loan is designed to help individuals pay for education-related costs such as tuition, books, supplies, and living expenses.

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What is federal direct plus loan?

The Federal Direct PLUS Loan is a type of federal student loan that is available to graduate students and parents of dependent undergraduate students. It helps to cover the costs of education that are not met by other financial aid.

Who is required to file federal direct plus loan?

Graduate or professional students as well as parents of dependent undergraduate students are required to file for a Federal Direct PLUS Loan if they wish to borrow this type of funding.

How to fill out federal direct plus loan?

To fill out a Federal Direct PLUS Loan application, you need to complete the Free Application for Federal Student Aid (FAFSA) and then apply directly through the U.S. Department of Education's student loan website, providing necessary personal and financial information.

What is the purpose of federal direct plus loan?

The purpose of the Federal Direct PLUS Loan is to provide additional funding to students and parents to help pay for educational expenses such as tuition, fees, room and board, and other related costs.

What information must be reported on federal direct plus loan?

Applicants must report personal information such as Social Security number, income, and financial assets, as well as details about the student's enrollment status and educational institution.

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