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Authorization for Payment of Institutional Charges Beyond Tuition and Fees PARENT (PLUS Borrower) NAME: ___ STUDENT NAME: ___ SSN #: ___ Program: ___ Start Date: ___ Please initial: (items not initialed
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How to fill out parent plus loan application

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How to fill out parent plus loan application

01
To fill out a Parent PLUS Loan application, follow these steps:
02
Visit the official website of the U.S. Department of Education - studentaid.gov.
03
Log in to your parent account using your Federal Student Aid (FSA) ID.
04
Navigate to the 'Apply for Aid' section and select 'Apply for a PLUS Loan'.
05
Choose the 'Parent PLUS' option.
06
Provide the required personal and financial information.
07
Specify the loan amount you wish to borrow.
08
Review the terms and conditions of the loan.
09
Submit the application for processing.
10
Wait for the loan approval notification from the Department of Education.
11
If approved, complete the required Master Promissory Note (MPN) and any additional documents, if requested.
12
The funds will be disbursed directly to your child's school.

Who needs parent plus loan application?

01
The Parent PLUS Loan application is needed by parents or legal guardians of dependent undergraduate students who require additional financial assistance to cover educational expenses.
02
This loan is available to credit-worthy parents who want to help their child pay for college or career school.
03
It is an option for families who have exhausted other financial aid options.
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The Parent PLUS Loan application is a form that allows parents of dependent undergraduate students to apply for a federal loan to help cover the cost of their child's education.
Parents of dependent students who wish to borrow funds through the Parent PLUS Loan program must file the application.
To fill out the Parent PLUS Loan application, parents can complete the application online through the Federal Student Aid website or submit a paper application, providing necessary information about their income and credit history.
The purpose of the Parent PLUS Loan application is to provide a way for parents to obtain federal loans to help pay for their child's higher education expenses, such as tuition and room and board.
The Parent PLUS Loan application requires parents to report personal information, financial information, and the student's information, including the student's FAFSA details.
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