Get the free Federal Direct Parent PLUS Loan Request Form 13-14-R. Vol2-Parts & Specs
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45790 Federal Register / Vol. 79, No. 151 / Wednesday, August 6, 2014 / Notices other government agencies, and approved international partners for intelligence, force protection, national security,
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How to fill out federal direct parent plus
How to Fill Out Federal Direct Parent Plus:
01
Gather necessary information: Before beginning the application, make sure you have all the required information handy. This includes your Social Security number, driver's license number, and your most recent federal income tax returns.
02
Visit the official FAFSA website: Go to the FAFSA website at fafsa.ed.gov and log in using your FSA ID. If you don't have an FSA ID, you can create one during the login process.
03
Start a new application: Once you're logged in, select the option to start a new application. Follow the prompts and provide accurate information about yourself and your student.
04
Indicate interest in Direct Plus loans: Within the FAFSA application, there will be a question asking if you're interested in borrowing a Direct Plus loan. Select "yes" to indicate that you are.
05
Complete the Direct Plus application: After submitting your FAFSA, you will be redirected to the Direct Plus Loan application page. Follow the instructions and fill out the required fields, including the loan amount requested.
06
Submit the application: Once you've completed the application, ensure that all the information provided is accurate and review it one final time. Then, submit the application.
Who needs Federal Direct Parent Plus:
01
Parents of dependent undergraduate students: The Federal Direct Parent Plus loan is specifically designed for parents or legal guardians of dependent undergraduate students. It is meant to help cover any remaining education expenses after the student has exhausted other forms of financial aid.
02
Parents with good credit history: To be eligible for a Federal Direct Parent Plus loan, the parent must have a good credit history. This means having a relatively clean credit report with no adverse credit history, such as bankruptcies, foreclosures, or unpaid debts.
03
Parents whose students attend eligible schools: The Federal Direct Parent Plus loan is available to parents whose students are attending eligible schools that participate in the federal student aid program. You can check with your student's school to confirm their eligibility.
In summary, filling out the Federal Direct Parent Plus loan application involves gathering necessary information, completing the FAFSA, indicating interest in the Direct Plus loan, and submitting a separate application. This loan is specifically for parents or legal guardians of dependent undergraduate students who have a good credit history and whose students attend eligible schools.
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What is federal direct parent plus?
Federal Direct Parent PLUS is a federal loan program that allows parents of dependent undergraduate students to borrow money to cover any costs not already covered by the student's financial aid package.
Who is required to file federal direct parent plus?
The parent of a dependent undergraduate student is required to file Federal Direct Parent PLUS loan application.
How to fill out federal direct parent plus?
To fill out the Federal Direct Parent PLUS application, parents can visit the official website of the Department of Education and complete the application online.
What is the purpose of federal direct parent plus?
The purpose of the Federal Direct Parent PLUS loan is to help parents finance their child's education by borrowing funds directly from the federal government.
What information must be reported on federal direct parent plus?
The Federal Direct Parent PLUS application requires parents to provide their personal information, including financial details, as well as information about the student attending college.
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