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FEDERAL DIRECT PLUS LOAN REQUEST FORM 20202021 Student Information: Student Name: Student ID#: I will graduate from Finger Lakes Community College in December 2020. If my parents application is declined,
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How to fill out 2020-2021 federal direct plus

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How to fill out 2020-2021 federal direct plus

01
Gather the necessary documents, including your Social Security Number, driver's license or state ID, and your Federal Student Aid (FSA) ID.
02
Access the Federal Student Aid website and log in using your FSA ID.
03
Select the option to complete the PLUS application.
04
Provide the required personal and financial information, including your name, address, and income details.
05
Choose the loan amount you wish to borrow.
06
Review and submit your application.
07
Wait for the loan decision, which typically takes a few days.
08
If your application is approved, complete the necessary steps to finalize the loan, such as signing a Master Promissory Note.

Who needs 2020-2021 federal direct plus?

01
Parents of dependent undergraduate students can apply for the 2020-2021 federal direct plus loan to help cover the cost of their child's education.
02
Graduate and professional students who need additional funds beyond other financial aid options may also consider applying for the federal direct plus loan.
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Federal Direct PLUS Loan is a federal student loan that parents of dependent undergraduate students and graduate or professional students can use to help pay for college or career school.
Parents of dependent undergraduate students and graduate or professional students are required to file for Federal Direct PLUS Loan.
To fill out a Federal Direct PLUS Loan, parents or graduate/professional students must complete an online application available on the Federal Student Aid website.
The purpose of Federal Direct PLUS Loan is to help families cover educational expenses that are not already covered by other financial aid.
Information such as the borrower's identity, school information, and requested loan amount must be reported on Federal Direct PLUS Loan.
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