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Get the free Parent PLUS Loan Request Form 2020-2021 *Please Print*

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Parent PLUS Loan Request Form 20202021 *Please Print* Student Name (First, Middle, Last) Student SSN #Parent Borrower: (Only the natural, adoptive, or stepparents of the student named above may apply)
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How to fill out parent plus loan request

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How to fill out parent plus loan request

01
Gather all the required documents such as your personal information, financial records, and your child's school information.
02
Visit the official website of the U.S. Department of Education's Federal Student Aid, and navigate to the Parent PLUS Loan Application page.
03
Sign in using your FSA ID. If you don't have one, create a new FSA ID by providing your personal information.
04
Complete the application form by providing accurate information about yourself and your child, including financial details.
05
Review the information you have entered and make sure everything is correct.
06
Read and agree to the terms and conditions of the loan.
07
Submit the application. You will receive an instant decision regarding your eligibility for the loan.
08
If approved, complete the Master Promissory Note (MPN) to finalize the loan agreement.
09
Monitor the progress of your loan by regularly checking your account on the Federal Student Aid website.
10
Ensure that you make timely repayments on the loan as agreed upon.

Who needs parent plus loan request?

01
Parents who want to financially support their dependent undergraduate children's education may need a Parent PLUS Loan. This loan is specifically designed for parents of undergraduate students and can help cover the cost of education expenses that are not already covered by other financial aid options, such as grants or scholarships.
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A Parent PLUS Loan request is a formal application process for a federal loan that allows parents to borrow money to help pay for their child's college education.
Parents of dependent undergraduate students who need additional funds for education expenses are required to file a Parent PLUS Loan request.
To fill out a Parent PLUS Loan request, parents should complete the Direct PLUS Loan Application for Parents on the StudentAid.gov website, providing necessary information about their financial situation and their child’s details.
The purpose of the Parent PLUS Loan request is to enable parents to obtain federal loans to cover the educational costs of their dependent children that are not covered by other types of financial aid.
The information required includes the parent's financial information, the child's school information, and the amount of loan requested.
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