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Get the free Federal Direct PLUS Loan Application Request 2021-2022 ...

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Direct Plus Loan20212022 Office of Financial Aid & Veterans6500 Pacific Blvd SW, Albany, OR 97321faoffice@linnbenton.eduOffice: (541) 9174850 | Fax: (541) 9174864Dear Parent and Student: Parents can
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How to fill out federal direct plus loan

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How to fill out federal direct plus loan

01
Submit the Free Application for Federal Student Aid (FAFSA) form to determine eligibility for the loan.
02
Complete the Direct PLUS Loan Application and Master Promissory Note (MPN) online at StudentLoans.gov.
03
Choose the loan period and loan amount you wish to borrow.
04
Await credit check results, as this loan requires the borrower to have good credit history.
05
If approved, review and sign the loan agreement.
06
The funds will be disbursed directly to the school to pay for educational expenses.

Who needs federal direct plus loan?

01
Parents of dependent undergraduate students who need additional funds to cover educational expenses.
02
Graduate or professional students who have reached their federal loan limits and require additional financial aid.
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Federal Direct PLUS Loans are federal loans that graduate or professional students and parents of dependent undergraduate students can use to help pay for college or career school.
Parents of dependent undergraduate students and graduate or professional students may be required to file a Federal Direct PLUS Loan if they need additional financial assistance for education expenses.
To fill out a Federal Direct PLUS Loan, applicants can visit the Federal Student Aid website and complete the application online by providing required personal and financial information.
The purpose of a Federal Direct PLUS Loan is to provide additional financial aid to students and parents to help cover the cost of college or career school.
Information such as personal details, income, employment, and any other financial information may need to be reported on a Federal Direct PLUS Loan application.
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