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Summer 2009 Direct Parent PLUS Loan Application The Direct Parent Loan for Undergraduate Students (PLUS) is designed to assist the parents of dependent students in meeting educational expenses. There
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How to fill out parent plus loans
How to fill out parent plus loans
01
Go to the Federal Student Aid website and log in using your FSA ID.
02
Select 'Apply for Direct PLUS Loan' and choose 'Parent PLUS' option.
03
Enter the requested information about the student for whom the loan is being requested.
04
Provide your own personal and financial information as the parent borrower.
05
Review the loan amount and terms before submitting the application.
06
Wait for the credit check to be completed and receive notification of approval or denial.
07
If approved, complete the Master Promissory Note and agree to the terms of the loan.
Who needs parent plus loans?
01
Parents of dependent undergraduate students who need additional financial assistance to cover educational costs.
02
Students whose parents are willing to take on the responsibility of repaying the loan on their behalf.
03
Families who do not qualify for enough federal student aid or other types of loans to cover college expenses.
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What is parent plus loans?
Parent PLUS Loans are federal loans that parents of dependent undergraduate students can use to help pay for college.
Who is required to file parent plus loans?
The parent or legal guardian of a dependent undergraduate student is required to file for a Parent PLUS Loan.
How to fill out parent plus loans?
To fill out Parent PLUS Loans, parents can apply online through the Department of Education's website and submit the necessary information.
What is the purpose of parent plus loans?
The purpose of Parent PLUS Loans is to provide additional financial aid to parents to help cover the cost of their child's education.
What information must be reported on parent plus loans?
Parents must report their personal and financial information, as well as the amount they wish to borrow when applying for a Parent PLUS Loan.
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