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Get the free 2012-2013 Federal Direct Parent PLUS Request Form - framingham

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This form is used by parents to request a PLUS loan for their dependent student's educational expenses for the academic year 2012-2013.
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How to fill out 2012-2013 federal direct parent

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How to fill out 2012-2013 Federal Direct Parent PLUS Request Form

01
Obtain the 2012-2013 Federal Direct Parent PLUS Request Form from the Federal Student Aid website or your child's school website.
02
Fill in the required personal information, including the parent borrower's name, Social Security number, and contact information.
03
Provide your child's information, including their name, Social Security number, and the school they will be attending.
04
Indicate the loan amount you wish to borrow, based on the estimated costs and your financial situation.
05
Read and understand the terms and conditions associated with the Parent PLUS Loan, including repayment options and interest rates.
06
Sign and date the form to certify that the information provided is accurate and complete.
07
Submit the completed form to the school's financial aid office or through the specified online process.

Who needs 2012-2013 Federal Direct Parent PLUS Request Form?

01
Parents of dependent undergraduate students who need additional financial assistance to cover education costs.
02
Parents who wish to borrow funds for their child's education after other financial aid options have been exhausted.
03
Parents whose child is enrolled at least half-time in a college or university for the academic year specified in the request.
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People Also Ask about

Unless you have current collections it's pretty easy to get approved for a parent loan, your credit score is fine. If you're declined you can appeal and prove you've paid off anything.
This repayment plan leads to loan forgiveness after 25 years under normal conditions, but borrowers pursuing PSLF could have remaining debt forgiven after 10 years (if you still have a balance left). Also note that monthly payments on the ICR plan are not capped, so there's no limit on how high they can go.
A common myth is that students from high-income families won't qualify for FAFSA funding. In reality, there's no maximum income cap that determines your eligibility for aid. Although your earnings are a factor on the FAFSA, only some programs are based on need.
One of the biggest benefits of Parent PLUS Loans is that they allow parents to borrow up to the cost of attendance to help their child pay for college. Another pro is that there are no minimum credit score requirements.
If you're a parent or graduate student seeking a Direct PLUS Loan, one of the requirements to qualify is that you must not have an adverse credit history. If your application is denied because of an adverse credit history, don't give up. You still have options.
You can only qualify as an independent student on the FAFSA if you are at least 24 years of age, married, on active duty in the U.S. Armed Forces, financially supporting dependent children, an orphan (both parents deceased), a ward of the court, or an emancipated minor.
Direct PLUS Loans for parents are unsubsidized loans made to parents of dependent undergraduate students. If a student's parents cannot get a parent PLUS loan, the student may be eligible to receive additional unsubsidized loans.
There is no income cap for financial aid. It also varies from your school, program, and cola. Just fill it out and most likely you will get some assistance. 122k for a family of 5 is not a lot. If you have any issues filling it out, your school adviser and finance office normally provide assistance with that.
There is no income limit to qualify for federal student loans.
There is no income cut-off to qualify for federal student aid. Many factors—such as the size of your family and your year in school—are considered.

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The 2012-2013 Federal Direct Parent PLUS Request Form is a document used by parents to apply for a Parent PLUS loan to help pay for their child's college education during the 2012-2013 academic year.
Parents of dependent undergraduate students who wish to borrow a Parent PLUS loan need to file the 2012-2013 Federal Direct Parent PLUS Request Form.
To fill out the form, parents must provide personal information, including their Social Security number, financial information, and details about the student for whom they are borrowing the loan. The form is typically completed online or can be submitted via paper format.
The purpose of the form is to request a Parent PLUS loan from the federal government to help cover educational expenses for a dependent undergraduate student.
The form requires the parent's and student's personal information, the amount of the loan requested, and financial details that may include income and debts to evaluate the parent's creditworthiness.
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