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Parent PLUS Loan Application 2014-2015 - Bowie State University - bowiestate-2025

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The document is a Federal Direct PLUS Loan Application for the 2014-2015 academic year, allowing parents to borrow on behalf of their dependent children. It outlines the credit check process conducted by the U.S. Department of Education, requirements for application completion, and implications if the loan is denied due to adverse credit history.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I get denied for a parent PLUS loan?

Denied Parent PLUS Loan default determination, discharge of debts in bankruptcy, foreclosure, repossession, tax lien, wage garnishment, or. write-off of a federal student aid debt.

Do parent PLUS loans expire?

Parent PLUS loans are eligible for an ICR plan after they have been consolidated into Direct Consolidation Loans. Under the ICR plan, your loan term will extend to 25 years. If you still owe money after that term ends, the remaining balance of the loan is forgiven.

How do I check the status of my parent PLUS loan application?

You can check the status of your Direct PLUS Loan for parents or Direct PLUS Loan for graduate or professional students application in three ways. Log in to your StudentAid.gov account and check My Documents to see if your PLUS application is on file. Call your school for an update on your PLUS loan award.

Is it too late to apply for parent PLUS loans?

The deadline for parent PLUS loan applications varies by institution. The federal deadline for the FAFSA is June 30 of each award year, but many institutions have earlier deadlines. Check with your childs school to see when the deadline for completing a parent PLUS loan is.