Get the free 2012-2013 Federal Direct PLUS Loan Request Form - northwood

This form is used to request a Federal Direct PLUS Loan for the 2012-2013 academic year. It includes steps for activating the loan request, information about eligibility, credit checks, and repayment

How to fill out 2012-2013 federal direct plus

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

1. Obtain the 2012-2013 Federal Direct PLUS Loan Request Form from the Federal Student Aid website or your school's financial aid office.
2. Fill in your personal information including your name, Social Security number, and date of birth.
3. Indicate whether you are a parent or graduate/professional student applying for the loan.
4. Provide information about the student for whom the loan is requested, including their name and identification number.
5. Enter the amount you would like to borrow up to the maximum allowable limit.
6. Review and complete the credit check authorization section.
7. Sign and date the form to certify that the information you provided is accurate.
8. Submit the completed form to your school's financial aid office as instructed on the form.

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

1. Parents of dependent undergraduate students who need financial assistance for their child's education.
2. Graduate or professional students who require additional funds to cover their educational expenses.

People Also Ask about

What disqualifies you from a parent PLUS loan?

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. PLUS loans can help pay for education expenses not covered by other financial aid.

What credit score do you need for a federal PLUS loan?

There is no minimum credit score required for a Parent PLUS Loan. However, borrowers cannot have an adverse credit history as defined by the U.S. Department of Education.

What is the difference between a federal loan and a federal PLUS loan?

PLUS Loans are credit-based loans that require a separate application – in addition to the FAFSA. Borrowers are generally eligible if they do not have an adverse credit history, are not in default on a federal student loan, and meet the requirements in the application.

What is federal direct parent PLUS loan request?

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. You must complete a new Direct PLUS Application for each year you wish to receive a parent PLUS loan.

Are parent PLUS loans forgiven after 10 years?

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.

Can I get a direct PLUS loan with bad credit?

But parent PLUS loans do have a credit check, and you won't qualify if you have adverse credit history. That can include negative line items on your credit report like payments that are 90 days late, tax liens and more. Check your credit for adverse information before applying for a parent PLUS loan.

What credit score is needed for a federal direct PLUS loan?

Grad PLUS Loans are federal student loans for graduate and professional students that require a credit check but no cosigner. There is no minimum credit score, but applicants must not have adverse credit history, such as recent delinquencies or defaults.

For pdfFiller’s FAQs

What is 2012-2013 Federal Direct PLUS Loan Request Form?

The 2012-2013 Federal Direct PLUS Loan Request Form is an application document that allows parents of dependent undergraduate students to apply for a Direct PLUS Loan to help cover the costs of their child's education.

Who is required to file 2012-2013 Federal Direct PLUS Loan Request Form?

The form must be filled out by parents of dependent undergraduate students who wish to apply for a Federal Direct PLUS Loan to help finance their child's education.

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

To fill out the form, parents need to provide information such as their personal details, the child's information, and financial information relevant to the loan request, followed by signing and submitting the form to the appropriate financial aid office.

What is the purpose of 2012-2013 Federal Direct PLUS Loan Request Form?

The purpose of the form is to request federal financial assistance through a Direct PLUS Loan for the educational expenses of a dependent student, ensuring that the necessary funds are available to cover tuition and related costs.

What information must be reported on 2012-2013 Federal Direct PLUS Loan Request Form?

The form requires information such as the borrower's Social Security number, income details, the student's information (name, Social Security number, school information), and details about any other loans or financial aid the student is receiving.