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Get the free 2020-2021 Direct PLUS Loan Status Retrieval Form Instructions ...

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RETURN TO: FINANCIAL AID OFFICE P. O. BOX 17065 1400 J. R. LYNCH STREET JACKSON, MS 392170165 OFFICE: 6019792227 FAX: 6019792237 EMAIL: finaid@jsums.edu20202021 Direct PLUS Loan Status Retrieval Form
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How to fill out 2020-2021 direct plus loan

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How to fill out 2020-2021 direct plus loan

01
Log in to the official studentaid.gov website using your FSA ID.
02
Select 'Apply for Direct PLUS Loan' and choose 'Direct PLUS Loan Application for Parents' if you are a parent borrower or 'Direct PLUS Loan Application for Graduate/Professional Students' if you are a graduate/professional student borrower.
03
Fill out the application form with your personal, financial, and loan request information.
04
Review the application carefully for any errors or missing information.
05
Sign the application using your FSA ID and submit it for processing.
06
Await the credit check and loan approval decision from the Department of Education.
07
Complete the Master Promissory Note (MPN) if the loan is approved and complete any additional requirements as requested by the school.

Who needs 2020-2021 direct plus loan?

01
Parents of dependent undergraduate students who need additional funds to cover education expenses not already met by other financial aid.
02
Graduate or professional students who need to supplement their financial aid package to cover the cost of attendance.
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Direct plus loan status refers to the current status of a Direct PLUS loan, which is a federal loan available to parents of dependent undergraduate students.
The parent borrower who took out the Direct PLUS loan is required to provide updates on the loan status.
Direct PLUS loan status can be filled out online through the Department of Education's website or by contacting the loan servicer directly.
The purpose of reporting Direct PLUS loan status is to keep the Department of Education informed about the borrower's current financial situation and repayment progress.
Information such as income changes, employment status, and any changes in contact information must be reported on Direct PLUS loan status.
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