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Get the free Federal Direct Parent PLUS Loan - Financial Aid

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PARENT PLUS (2023 2024) INSTRUCTIONS (Federal Direct Parent PLUS Loan)The Catholic University of America participates in the William D. Ford Federal Direct Parent PLUS Loan Program (Direct PLUS).
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How to fill out federal direct parent plus

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How to fill out federal direct parent plus

01
Gather required documents such as parent's FSA ID, student's SSN, and income information.
02
Visit the official Federal Student Aid website and log in using the parent's FSA ID.
03
Select 'Apply for a Parent PLUS Loan' and complete the application by providing necessary information.
04
Review and sign the Master Promissory Note (MPN) if approved for the loan.
05
Receive confirmation of loan approval and disbursement details.

Who needs federal direct parent plus?

01
Parents of dependent undergraduate students who need additional financial assistance to cover college expenses.
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Federal Direct Parent PLUS Loans are federal loans available to parents of dependent undergraduate students to help pay for college. These loans can cover the cost of education minus any other financial aid received.
Only the biological or adoptive parents of a dependent undergraduate student are required to file for a Federal Direct Parent PLUS loan.
To fill out the Federal Direct Parent PLUS loan application, parents must complete the online application on the Federal Student Aid website, providing necessary identification information and the student's information.
The purpose of the Federal Direct Parent PLUS loan is to provide parents with the ability to borrow funds to help cover their child's higher education expenses, enabling them to afford college costs.
When applying for a Federal Direct Parent PLUS loan, parents must report personal identification information, the student's identifying information, the desired loan amount, and details about any other financial aid received.
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