Direct PLUS Loan Application for ParentsWilliam D. Ford Federal Direct Loan ProgramFederal Direct PLUS Loan Request for Supplemental Information 


What is a Direct PLUS Loan Application for Parents? 
This is a request for supplemental information in connection with your application for a Federal Direct PLUS Loan Direct PLUS Loan through the William D. Ford Federal Direct Loan Direct Loan Program. Some schools may have a different process for obtaining the additional information needed to process your Direct PLUS Loan application. The information that you provide will be sent to the school that you select. The school you select will use the information collected to determine your eligibility for a Direct PLUS Loan and process your application. Before you can receive a Direct PLUS Loan , you must complete a Direct PLUS Loan Master Promissory Note Direct PLUS Loan MPN, which explains all of the terms and conditions of Direct PLUS Loans and constitutes your legally binding agreement to repay all Direct PLUS Loans that you receive under the Direct PLUS Loan MPN. You will have an opportunity to complete the Direct PLUS Loan MPN after you complete the Direct PLUS Loan Request. The Direct PLUS Loan Application allows you to authorize the school to use your loan funds to satisfy other educationally related charges after tuition and fees, and room and board have been paid. You are not required to provide this authorization. As a parent borrower , the Direct PLUS Loan Application also allows you to : Designate whether the school pays any credit balance to the student or to you. Request a deferment while the student is in school Request an additional deferment for 6 months after the student ceases to be enrolled at least half time. BEFORE YOU CONTINUE: If you have placed a security freeze on your credit file , you must lift or remove the freeze at each credit bureau before you continue. Your application will not be processed if you have a security freeze. 

Apply for a PLUS 

user: Hello, I have some questions about the direct plus loan application for parents. I came across it on your website.

assistant: Of course. Do you want to know what a Direct PLUS Loan Application for Parents is?

user: Yes, please.

assistant: This is a request for supplemental information in connection with your application for a Federal Direct PLUS Loan Direct PLUS Loan through the William D. Ford Federal Direct Loan Direct Loan Program.

assistant: Are you a parent borrower?

user: Yes, I am. Why?

assistant: Then the Direct PLUS Loan Application also allows you to do several other things.

user: That's all very interesting and all, but I have a whole other question. What if I have placed a security freeze on my credit file?

assistant: In that case you must lift or remove the freeze at each credit bureau before you continue. Your application will not be processed if you have a security freeze.

user: By the way, can the direct plus loan applications vary, depending on the school? I saw two and they looked different.

assistant: Yes. Some schools may have a different process for obtaining the additional information needed to process your Direct PLUS Loan application.

user: Alright. How do I apply for a plus loan now?

assistant: Simply log in to start your application.