
Get the free 2011-2012 Direct PLUS Loan Application - financialaid calpoly
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Application for parents to borrow a Federal Direct PLUS Loan for their dependent students attending California Polytechnic State University.
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How to fill out 2011-2012 direct plus loan

How to fill out 2011-2012 Direct PLUS Loan Application
01
Visit the Federal Student Aid website to access the Direct PLUS Loan Application.
02
Sign in using your FSA ID or create one if you don't have it.
03
Select the academic year for which you are applying (2011-2012).
04
Choose the type of PLUS Loan you are applying for (Parent PLUS or Grad PLUS).
05
Fill out your personal information, including your name, Social Security number, and date of birth.
06
Provide your address and contact information.
07
Enter the information for the student for whom you are borrowing, including their name and school information.
08
Complete the financial information section, including income and expenses if required.
09
Review the application for accuracy and completeness.
10
Submit the application electronically.
Who needs 2011-2012 Direct PLUS Loan Application?
01
Parents of dependent undergraduate students who need to cover education costs.
02
Graduate or professional students who require additional funds for their education.
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People Also Ask about
What is the loophole for parent PLUS Loans?
How much can I borrow in Direct PLUS Loans? There are no set annual or aggregate limits. You may borrow up to your full cost of attendance, minus any other financial aid you receive (including Direct Subsidized Loans, Direct Unsubsidized Loans, scholarships, and certain fellowships).
Is there a way to get out of a parent PLUS loan?
Yes. Before your loan money is disbursed, you may cancel all or part of your loan at any time by notifying your child's school. After your loan is disbursed, you may cancel all or part of the loan within certain time frames.
What credit score is needed for a federal direct 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.
Are parent PLUS Loans forgiven after 10 years?
The Bottom Line. Yes, borrowers with Parent PLUS Loans can have their debts forgiven after 10 years (or 120 eligible monthly payments) with the PSLF program.
Is there loan forgiveness for parent PLUS loans?
Out of all the income-driven repayment plans, Parent PLUS loans only qualify for the Income-Contingent Repayment (ICR) plan. Enrolling in ICR requires you to consolidate your Parent PLUS loans. Once you're on ICR, you can pursue Public Service Loan Forgiveness.
Is there a parent PLUS loan loophole?
If you have at least one Parent PLUS Loan and at least one other federal loan (of any type, including another Parent PLUS loan), you can use a double consolidation loophole to get access to the new more affordable SAVE plan.
What disqualifies you from a parent PLUS loan?
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.
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What is 2011-2012 Direct PLUS Loan Application?
The 2011-2012 Direct PLUS Loan Application is a form used by parents of dependent students to apply for the Direct PLUS Loan program, which provides low-interest loans to help pay for college expenses.
Who is required to file 2011-2012 Direct PLUS Loan Application?
Parents of dependent undergraduate students who wish to borrow a Direct PLUS Loan for their child's college expenses are required to file the 2011-2012 Direct PLUS Loan Application.
How to fill out 2011-2012 Direct PLUS Loan Application?
To fill out the application, parents must complete the form online or on paper, providing personal information, the student's information, and details about the loan amount requested. It may also require submitting additional financial documentation.
What is the purpose of 2011-2012 Direct PLUS Loan Application?
The purpose of the 2011-2012 Direct PLUS Loan Application is to allow eligible parents to request federal loans to help cover the cost of their child's postsecondary education expenses.
What information must be reported on 2011-2012 Direct PLUS Loan Application?
The application requires reporting personal identification information, financial information about the borrower, the student's information, and the specific amount of loan requested.
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