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Federal Direct Student Loan Request Form 2013-2014 You must complete the following steps to apply for your Federal Direct Student Loan that was offered to you in your Financial Aid Award Proposal.
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How to fill out federal direct student loan

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How to Fill Out Federal Direct Student Loan:

01
Gather necessary documents: Before starting the application process, make sure you have your Social Security number, driver's license number, tax information, and information about your school of attendance.
02
Complete the Free Application for Federal Student Aid (FAFSA): The FAFSA is the application required to apply for federal financial aid, including the Federal Direct Student Loan. You can complete the FAFSA online at fafsa.gov, and it will determine your eligibility for various forms of aid.
03
Review your Student Aid Report (SAR): Once you submit the FAFSA, you will receive a Student Aid Report (SAR) that summarizes the information you provided. Review the SAR carefully for any errors or missing information. Make the necessary corrections if needed.
04
Research and select a school: Before applying for the Federal Direct Student Loan, you need to choose a school and be accepted for enrollment in a degree or certificate program. Ensure that your chosen school participates in the Direct Loan Program.
05
Contact the school's financial aid office: Reach out to the financial aid office at your chosen school for guidance on the additional steps needed to complete the loan process. They will provide you with specific instructions and deadlines.
06
Accept or decline the loan offer: After your school certifies your eligibility and determines your loan amount, they will send you a financial aid award letter. Review the letter carefully, and decide whether to accept or decline the loan offer. Consider your financial needs and repayment plans before making a decision.
07
Complete entrance counseling: If you're a first-time borrower of the Federal Direct Student Loan, you may need to complete entrance counseling. This online session provides important information about your rights, responsibilities, and the terms of the loan.
08
Sign the Master Promissory Note (MPN): The MPN is a legal document that explains the terms and conditions of your loan. Sign the MPN electronically or in paper form, as required by your school.

Who Needs Federal Direct Student Loan?

01
Undergraduate students: Many undergraduate students rely on federal direct student loans to fund their education. These loans can help cover tuition, fees, and other educational expenses.
02
Graduate and professional students: Graduate and professional students may also need federal direct student loans to finance their advanced degrees. These loans often have higher borrowing limits compared to undergraduate loans.
03
Parents of dependent undergraduate students: If you're a parent helping your dependent undergraduate child pay for college, you may qualify for a Federal Direct PLUS Loan. This loan allows parents to borrow on behalf of their child to cover educational costs.
Note: It's important to carefully assess your financial needs before taking on student loan debt. Consider scholarships, grants, work-study programs, and other forms of financial aid before relying solely on loans.
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Federal Direct Student Loan is a type of loan for students to help pay for education expenses.
Students who need financial assistance for their education expenses are required to file for a Federal Direct Student Loan.
To fill out a Federal Direct Student Loan, students need to complete the Free Application for Federal Student Aid (FAFSA) online.
The purpose of a Federal Direct Student Loan is to provide financial assistance to students to help pay for expenses related to their education.
Students must report their personal information, financial information, and details about their educational institution on the Federal Direct Student Loan application.
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