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Federal Direct PLUS Loan Request Form Students SSN:Student Name:Parent borrowers must complete this form along with a Master Promissory Note (MPN) to borrow from the Federal Direct Parent PLUS Loan
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How to fill out federal direct plus loan

01
To fill out the Federal Direct PLUS Loan application, follow these steps:
02
Go to the official website of the U.S. Department of Education.
03
Click on the 'Apply for Aid' section and select 'Apply for a Direct PLUS Loan'.
04
Log in using your personal FSA ID.
05
Click on the 'Start PLUS Application' button.
06
Select the loan period and indicate the loan amount you wish to borrow.
07
Provide the required personal information, including your name, Social Security number, date of birth, and contact information.
08
Enter your employer's information and income details.
09
Review the terms and conditions and complete the mandatory Master Promissory Note (MPN).
10
Submit the application and wait for the loan approval.
11
If approved, you will receive further instructions on how to complete the loan process and receive the funds.

Who needs federal direct plus loan?

01
The Federal Direct PLUS Loan is designed for graduate or professional students and parents of dependent undergraduate students who need additional funds to cover educational expenses.
02
Specifically, it is suitable for individuals who:
03
- Have already utilized their maximum eligibility for Direct Subsidized and Unsubsidized Loans.
04
- Need additional funds to meet the cost of attending college or a professional school.
05
- Have a good credit history or an endorser with a good credit history (for parent borrowers).
06
The loan can help individuals cover tuition fees, room and board, textbooks, and other related expenses.
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The Federal Direct PLUS Loan is a type of federal loan that parents of dependent undergraduate students, and graduate or professional students can use to help pay for college expenses.
Parents of dependent undergraduate students and graduate or professional students who need additional funding beyond other financial aid are required to file for a Federal Direct PLUS Loan.
To fill out a Federal Direct PLUS Loan application, borrowers must complete the Free Application for Federal Student Aid (FAFSA) and then apply online through the federal student aid website using their FSA ID.
The purpose of the Federal Direct PLUS Loan is to help cover the gap between the cost of attending college and the amount of financial aid already received, thereby providing additional funding for education expenses.
Applicants must report personal information, financial information, and details about the student's college, along with credit history in the Federal Direct PLUS Loan application.
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