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Parent PLUS Loan Change Refund Options 20222023 (Fall 2022, Spring 2023, Summer 2023) Name: Office of Financial Aid UNIVERSITY OF COLORADO BOULDER ID: Students Name (Last, First, M.I.) Student Identification

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How to fill out parent plus loan

01

Complete the Free Application for Federal Student Aid (FAFSA) to determine eligibility for the Parent PLUS loan.

02

Apply for the Parent PLUS loan on the official Federal Student Aid website by logging in with your FSA ID.

03

Fill out the application form with accurate personal and financial information.

04

Review and sign the Master Promissory Note (MPN) to agree to the terms of the loan.

05

Wait for credit approval from the Department of Education. If approved, the loan will be disbursed to the school.

Who needs parent plus loan?

01

Parents of dependent undergraduate students who need additional financial assistance for college expenses.

02

Students whose parents want to take on the responsibility of borrowing a federal loan to help pay for their education.

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What is parent plus loan?

A Parent PLUS Loan is a federal loan that parents of dependent undergraduate students can use to help pay for college. Unlike other federal student loans, a credit check is required to be approved for a Parent PLUS Loan.

Who is required to file parent plus loan?

The parent or legal guardian of a dependent undergraduate student is required to file a Parent PLUS Loan application.

How to fill out parent plus loan?

To fill out a Parent PLUS Loan application, the parent or legal guardian must go to the Federal Student Aid website and complete the application form. They will need to provide their personal and financial information, as well as the student's information.

What is the purpose of parent plus loan?

The purpose of a Parent PLUS Loan is to help parents cover the cost of their child's education after other financial aid options have been exhausted.

What information must be reported on parent plus loan?

On a Parent PLUS Loan application, parents must report their personal and financial information, as well as information about the student for whom the loan is being taken out.

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