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  • Federal Direct Plus Loan Data Form - Eiu

Get Federal Direct Plus Loan Data Form - Eiu

Illinois University. Financial need is a consideration. To be completed by the applicant: Name: E#: Address: Cell phone: Name of Parent(s) or Guardian: Address: Home phone:.

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Direct PLUS loans are federal loans that graduate or professional degree students or parents of dependent undergraduate students can use to help pay for education expenses. Direct PLUS loans have a fixed interest rate and are not subsidized, which means that interest accrues while the student is enrolled in school.

If you work full time for a government or nonprofit organization, you may qualify for forgiveness of the entire remaining balance of your Direct Loans after you've made 120 qualifying payments—i.e., 10 years of payments. To benefit from PSLF, you need to repay your federal student loans under an IDR plan.

Yes. Direct PLUS Loans are made to graduate or professional students and to parents of dependent undergraduate students. Like other Direct Loans, Direct PLUS Loans are eligible for PSLF.

Direct PLUS Loans for Parents These loans are eligible for PSLF only if they've been consolidated into a Direct Consolidation Loan and are being repaid under the Income-Contingent Repayment (ICR) plan.

A Direct PLUS Loan is commonly referred to as a parent PLUS loan when made to a parent borrower. Looking to apply? Use the online application to apply for a parent PLUS loan. Important: Most schools require you to submit the PLUS loan application online, although some schools have different application processes.

Direct Graduate Unsubsidized Loans are designed to be the primary type of federal loans used by graduate students. They have generally better terms and fees compared with Direct Grad PLUS Loans, but their borrowing limits are significantly lower in most cases and may not cover your cost of attendance.

Can I cancel my Direct PLUS Loan if I decide I don't need it or the full offered amount? Before your loan money is disbursed, you may cancel all or part of your loan at any time by notifying the school. After your loan is disbursed, you may cancel all or part of your loan within certain time frames.

You (as a graduate/professional student) or your parent may cancel all or a portion of their loan by informing your school that they wish to do so within 14 days following the date your school sends the notice or by the first day of the payment period, whichever is later.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232