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Get the free 2015-2016 Direct PLUS Loan Request Form - Olympic College - oc ctc

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(J1) PLUS LOAN REQUEST STUDENT LAST NAME SSN STUDENT FIRST NAME MI 2015-2016 SID Parents of dependent students who want to borrow a Parent Loan for Undergraduate Students (PLUS) must complete this
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How to fill out 2015-2016 direct plus loan

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How to fill out 2015-2016 Direct PLUS Loan:

01
Begin by gathering all the necessary documents and information. This may include your Social Security number, driver's license, tax returns, employment information, and financial aid award letter.
02
Access the official Federal Student Aid (FSA) website and log in using your FSA ID.
03
Locate the "Apply for a Direct PLUS Loan" section on the FSA website and select the option for the 2015-2016 award year.
04
Provide personal information, such as your name, address, and contact details, as prompted on the application form.
05
Input your school information, including the name and code of your college or university.
06
Indicate the loan amount you wish to borrow for the 2015-2016 academic year. Make sure to consider your financial need and budget carefully before deciding.
07
Complete the loan entrance counseling, which provides information on your rights and responsibilities as a borrower.
08
Agree to the terms and conditions of the loan by signing the Master Promissory Note (MPN).
09
Review and submit your application. You will receive an instant decision regarding your eligibility, and if approved, the loan funds will be disbursed directly to your school to cover tuition and other educational expenses.

Who needs 2015-2016 Direct PLUS Loan?

01
Parents of dependent undergraduate students who need additional funds to cover their child's educational expenses may consider applying for the 2015-2016 Direct PLUS Loan.
02
Graduate or professional students who have exhausted their eligibility for Subsidized and Unsubsidized Direct Loans and require further financial assistance for their advanced studies may also opt for the 2015-2016 Direct PLUS Loan.
03
As the Direct PLUS Loan offers flexible repayment options, it can be a suitable choice for borrowers who require a longer repayment period or prefer alternative repayment plans.
Please note that specific eligibility criteria apply, and it is recommended to consult with your school's financial aid office or visit the FSA website for detailed information and guidance on the 2015-2016 Direct PLUS Loan application process.
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A Direct PLUS loan request is a request for a federal loan that graduate or professional students and parents of dependent undergraduate students can use to help pay for educational expenses.
Graduate or professional students and parents of dependent undergraduate students are required to file a Direct PLUS loan request if they need financial assistance for educational expenses.
To fill out a Direct PLUS loan request, applicants must complete the application on the Federal Student Aid website and provide necessary financial information.
The purpose of a Direct PLUS loan request is to help students and parents cover educational expenses that are not already covered by other financial aid.
Information such as income, household size, and financial aid already received must be reported on a Direct PLUS loan request.
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