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FEDERAL DIRECT PLUS LOAN INFORMATION FORM SUMMER 2018 The Federal Direct Parent\'s Loan for Undergraduate Student (PLUS) allows parents to borrow on behalf of their child. The U.S. Department of Education
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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
Complete the Free Application for Federal Student Aid (FAFSA) form.
03
Log in to the U.S. Department of Education's website using your FSA ID.
04
Select the option to apply for a Direct PLUS Loan.
05
Choose the correct loan type (Parent PLUS Loan or Graduate/Professional PLUS Loan).
06
Provide the required personal and financial information.
07
Agree to the terms and conditions.
08
Submit the application online.
09
If approved, complete the Master Promissory Note (MPN) and Entrance Counseling.
10
The loan funds will be disbursed directly to the school.

Who needs federal direct plus loan?

01
The Federal Direct PLUS Loan is available for:
02
- Parents of dependent undergraduate students
03
- Graduate or professional students
04
These individuals may need additional funds to cover the cost of education that is not fully covered by other financial aid options.
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Federal Direct PLUS Loans are federal loans that parents of dependent undergraduate students and eligible graduate or professional students can use to help pay for college expenses not covered by other financial aid.
Parents of dependent undergraduate students or graduate/professional students who require additional funding beyond standard financial aid are required to file for the Federal Direct PLUS Loan.
To fill out the application for a Federal Direct PLUS Loan, visit the Federal Student Aid website, complete the Direct PLUS Loan Application, and submit the required information along with any necessary documentation.
The purpose of the Federal Direct PLUS Loan is to provide additional financial assistance to help cover education-related expenses for students, especially those who need more support beyond what is covered by grants and other loans.
When applying for a Federal Direct PLUS Loan, borrowers must provide personal and financial information, including their Social Security number, income details, educational institution information, and the loan amount requested.
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