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Page 1 of 3 Federal Direct Parent PLUS Loans FREQUENTLY ASKED QUESTIONS How will I know if I am eligible? After the attached form is processed, you will be notified by Bethany Lutheran College of
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How to fill out the 2014-2015 Federal Direct Parent:

01
Gather all necessary information: Before starting the application, make sure you have the following information ready - your Social Security number, federal tax returns, W-2 forms, and any other relevant financial documents.
02
Access the application: You can either fill out the form online on the official Federal Student Aid website or use a paper form. Choose the method that suits you best.
03
Provide student information: Begin by providing the student's name, Social Security number, date of birth, and contact information. You will also need to indicate the school year for which you are applying.
04
Enter parent information: Next, enter the parent's personal details, including their name, Social Security number, date of birth, marital status, and contact information. If the parents are divorced or separated, only the information of the custodial parent needs to be provided.
05
Indicate dependency status: The form will require you to determine the student's dependency status. This determines whether or not parent information is required. Answer the questions truthfully and follow the instructions provided on the form.
06
Complete the financial section: This is the most crucial part of the application. Provide accurate information about your income, assets, and expenses. You will need to reference your federal tax returns and other financial documents to ensure accuracy.
07
Sign and submit the application: Once you have filled out all the necessary sections, review the form for any errors or missing information. Sign the form electronically if applying online, or physically if using a paper form. Submit the completed application before the deadline.

Who needs the 2014-2015 Federal Direct Parent:

The 2014-2015 Federal Direct Parent application is required for parents or legal guardians of dependent students who are seeking federal financial aid for the specified academic year. This application helps determine a student's eligibility for loans, grants, and work-study programs, providing financial assistance to cover college expenses. Parents must complete this form to provide their financial information, allowing institutions to assess the student's financial need accurately. It is crucial for all parents of dependent students who require financial aid for the 2014-2015 academic year to fill out the Federal Direct Parent application accurately and timely.
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Federal Direct Parent PLUS is a federal loan program that allows parents of dependent undergraduate students to borrow money to help pay for their child's education.
Parents of dependent undergraduate students may file for the Federal Direct Parent PLUS loan.
To apply for the Federal Direct Parent PLUS loan, parents must complete the application online on the Federal Student Aid website.
The purpose of the Federal Direct Parent PLUS loan is to help parents finance their child's education by borrowing money at a low interest rate.
Parents must provide personal and financial information, as well as details about the student's school and cost of attendance.
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