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Get the free Direct Graduate PLUS Loan Request Form - Rensselaer Polytechnic ... - admissions rpi

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Direct Graduate PLUS Loan Application Procedures The Office of Financial Aid certifies Graduate PLUS through the Federal Direct Loan Program. Federal funds are borrowed directly from the Department
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How to fill out direct graduate plus loan

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How to fill out direct graduate plus loan:

01
Begin by gathering all necessary documents and information such as your Social Security number, driver's license number, financial aid award letter, and the loan amounts you wish to borrow.
02
Visit the official website of the U.S. Department of Education or the Federal Student Aid (FSA) website to access the Direct PLUS Loan application. You can find and complete the application online.
03
Provide your personal information on the application, including your name, address, date of birth, and contact details. Ensure that all information provided is accurate and up-to-date.
04
Enter your school's information, including the school code, name, and address. This is crucial as the loan funds will be sent directly to your institution.
05
Specify the loan amount you wish to borrow. Remember that the Direct Graduate PLUS Loan allows you to borrow up to the cost of attendance minus any other financial aid received.
06
Complete the loan counseling requirements. As a graduate student, you might be required to complete entrance counseling to ensure you understand the responsibilities and obligations associated with borrowing a Direct PLUS Loan.
07
Review all the information provided on the application thoroughly. Double-check for any mistakes or omissions before submitting the form.
08
Sign the application electronically using your Federal Student Aid (FSA) ID. If you do not have an FSA ID, you will be guided through the process of creating one.

Who needs direct graduate plus loan:

01
Graduate students who require additional funds to cover their education expenses beyond what is provided by other financial aid sources may consider applying for a Direct Graduate PLUS Loan.
02
It is especially beneficial for those who have reached the maximum eligibility for borrowing Stafford Loans or have exhausted other options like scholarships, grants, or personal funds.
03
Individuals pursuing graduate or professional programs, such as master's degree programs, doctoral programs, or professional degrees like law or medical school, may find Direct Graduate PLUS Loans useful to cover the cost of tuition, books, supplies, and other education-related expenses.
Note: It's important to carefully consider the terms, interest rates, and repayment options associated with Direct Graduate PLUS Loans before applying, as they are credit-based loans and may have different terms compared to other federal student loans.
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Direct Graduate PLUS Loans are federal loans that graduate or professional degree students can use to help pay educational expenses.
Graduate or professional degree students who need additional funds beyond what is offered through other financial aid options may need to file for a Direct Graduate PLUS Loan.
To apply for a Direct Graduate PLUS Loan, students must first complete the Free Application for Federal Student Aid (FAFSA) and then apply for the loan through the U.S. Department of Education's website.
The purpose of a Direct Graduate PLUS Loan is to help graduate or professional degree students cover the cost of their education after other financial aid options have been exhausted.
Students must provide personal and financial information, as well as details about their educational program and cost of attendance.
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