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This document is a request form for the Federal PLUS Loan, which allows parents of dependent undergraduate students to borrow funds to cover the cost of attendance after considering any financial
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How to fill out 2011-2012 plus loan request
How to fill out 2011-2012 PLUS Loan Request
01
Download the 2011-2012 PLUS Loan Request form from the official website or obtain a physical copy from your school's financial aid office.
02
Fill out your personal information, including your name, Social Security number, date of birth, and contact information.
03
Provide details about your school, including the name and address of the institution you will be attending.
04
Indicate the loan amount you are requesting and any other financial resources you expect to receive.
05
Review the credit history section, as PLUS Loans require a credit check. Be prepared to provide any necessary documentation.
06
Sign and date the application to confirm that all information is accurate and complete.
07
Submit the completed PLUS Loan Request form to your school's financial aid office by the specified deadline.
Who needs 2011-2012 PLUS Loan Request?
01
Parents of dependent undergraduate students who need assistance covering the cost of college.
02
Graduate or professional students who have exhausted their federal subsidized and unsubsidized loan eligibility.
03
Students attending a college or university that participates in the federal student aid programs.
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People Also Ask about
Is a PLUS loan better than an unsubsidized loan?
Direct Subsidized/Unsubsidized Loans have a lower fixed interest rate (6.8%) than Direct PLUS Loans (7.9%), and no interest is charged on Direct Subsidized Loans while you are in school at least half-time or during grace and deferment periods.
How do I know if I took out a parent PLUS loan?
Can the loan be transferred to the student? No, a Direct PLUS Loan made to a parent cannot be transferred to the child. You, the parent borrower, are legally responsible for repaying the loan.
How long have parent PLUS loans been around?
When Parent PLUS loans were first introduced in 1980, annual borrowing was capped at $3,000, or $10,000 in today's dollars. In 1992, borrowing caps were eliminated, and parents were allowed to borrow up to the cost of attendance, less any scholarships and grants, if they passed a credit history check.
What is the difference between a unsubsidized loan and a PLUS loan?
Direct Subsidized/Unsubsidized Loans have a lower fixed interest rate (6.8%) than Direct PLUS Loans (7.9%), and no interest is charged on Direct Subsidized Loans while you are in school at least half-time or during grace and deferment periods. Interest is charged on Direct PLUS Loans during all periods.
When did Parent PLUS loan start?
When Parent PLUS loans were first introduced in 1980, annual borrowing was capped at $3,000, or $10,000 in today's dollars. In 1992, borrowing caps were eliminated, and parents were allowed to borrow up to the cost of attendance, less any scholarships and grants, if they passed a credit history check.
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What is 2011-2012 PLUS Loan Request?
The 2011-2012 PLUS Loan Request is a form that parents of dependent undergraduate students can use to apply for a PLUS (Parent Loan for Undergraduate Students) loan to help cover the cost of their child's education for the 2011-2012 academic year.
Who is required to file 2011-2012 PLUS Loan Request?
Parents of dependent undergraduate students who wish to borrow a PLUS loan for the 2011-2012 academic year are required to file the 2011-2012 PLUS Loan Request.
How to fill out 2011-2012 PLUS Loan Request?
To fill out the 2011-2012 PLUS Loan Request, parents should gather necessary information about their financial situation, the student's school, and their desired loan amount, then complete the application form either online or on paper, providing all required documentation and signatures.
What is the purpose of 2011-2012 PLUS Loan Request?
The purpose of the 2011-2012 PLUS Loan Request is to allow parents to request federal loans to help finance their child's education expenses that are not covered by other financial aid.
What information must be reported on 2011-2012 PLUS Loan Request?
The information that must be reported on the 2011-2012 PLUS Loan Request includes the borrower's personal and financial details, the student's information, the amount being requested, and any other required disclosures related to the loan application.
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