2012-2013 Federal Loan Request Form Graduate Professional-2025

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You can complete the application at fafsa.gov. In almost all cases, graduate or professional students are considered independent students for the purposes of completing the FAFSA form. This means they generally are not required to provide parent information. This is the largest federal student loan program.
The U.S. Department of Education makes Direct PLUS Loans to eligible graduate or professional students through schools participating in the Direct Loan Program. (We also offer Parent PLUS loans.) A Direct PLUS Loan is commonly referred to as a grad PLUS loan when made to a graduate or professional student.
The PSLF Program forgives the remaining balance on your Direct Loans after youve satisfied the equivalent of 120 qualifying monthly payments (10 years) under an IDR plan while working full-time for an eligible employer.
Grad PLUS Loans are also eligible for income-driven repayment plans, which cap your monthly payments at a percentage of your income and can lead to loan forgiveness after a certain period.
If youve been delinquent on a loan for more than seven years, that defaulted or delinquent loan doesnt show up on your credit report anymore.
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