Federal Direct Plus Loan Application And Master Promissory Note: Fill & Download for Free

This question is unclear. Are you trying to get financial aid at the undergraduate or MBA level? Are you asking what schooling and experience MBA programs expect to see in their candidates?Each and every US school is different. You need to go to their websites and catalogs to find out the answer.Here’s the 2018 FAFSA deadlines: https://fafsa.ed.gov/fotw1819/pdf/Deadlines.pdfBut note, that every school may have different deadlines. In general, FAFSA applications open up October 1 the year before you want the money. The sooner you apply, the more likely you are to be awarded aid. So, for aid in fall 2018, the earliest you can apply is October 1, 2017.Here’s a sample financial aid answer from MBA program Haas Graduate School of Business in Berkeley, California:Federal Direct Unsubsidized Loans are non-need based loans. The annual limit is $20,500 per academic year. All students who meet general eligibility requirements may qualify for Federal Direct Unsubsidized Loans. Interest accrues at disbursement on the portion that is disbursed. The interest that accrues is not compounded or capitalized during periods of enrollment; the accrued interest is capitalized just prior to entering repayment.Interest Rate: 6% fixed interest rate for loans disbursing on or after July 1, 2017Origination Fees: 1.066% fee taken at disbursement for loans disbursing after October 1, 2017Health professional students in the MBA/MPH program, are eligible for unsubsidized loans up to $33,000.Federal Direct Grad PLUS Loans are non-need based loans. Grad PLUS Loans are credit-based loans which require a credit check. To be eligible for a Grad PLUS loan you must meet the other general eligibility requirements for the Federal Student Aid Programs, and must not have an adverse credit history (i.e. no more than 90 days late on any debt, no bankruptcies or tax liens within the past 5 years, and no defaults or adverse actions on any prior education debt). Students can borrow a Grad PLUS Loan up to the remaining total Cost of Attendance each year, minus any other expected financial aid. The definition of "adverse credit" for the Grad PLUS Loan is defined in detail on the FAQ section of the FSA (Federal Student Aid) website.Interest Rate: 7% fixed interest rate for loans disbursing on or after July 1, 2017Origination Fees: 4.264% fee taken at disbursement for loans disbursing after October 1, 2017How to ApplyFirst, obtain a Federal Student Aid ID (FSA ID) to file your FAFSA. This FSA ID is also used to sign your Master Promissory Notes and access your loan accounts online. Keep the FSA ID, even after graduation. It will facilitate loan repayment and monitor your loan balance. Visit StudentAid.gov/fsaid for more information.To request federal loans, you must file a Free Application for Federal Student Aid (FAFSA). Our school code is 001312. The FAFSA must be filed each academic year that you wish to receive federal loans--you will not be offered a loan until the FAFSA for the applicable year has been filed. Although the FAFSA must be filed each year, the supplemental steps of Master Promissory Note (MPN) and Entrance Counseling only need to be completed once while at Haas.The loans must be paid back beginning six months after graduation or dropping below half-time attendance. The standard repayment term for the loans is 10 years.Application Process for Federal LoansFile a Free Application for Federal Student Aid (FAFSA) at http://www.fafsa.ed.gov [annually]If the UC Berkeley Financial Aid Office requests it, submit additional documentation [contact Haas Financial Aid]Once you have a UC CalNet ID and passphrase and have received your Financial Award Notification (beginning in June), accept your awards on CalCentral.Complete the Direct Loan Master Promissory Note (MPN) for Direct Loans [just the first year you borrow]Complete the Graduate PLUS Master Promissory Note (MPN) if you also wish to borrow this loan [just the first year you borrow]Complete the Federal Loan online Entrance Counseling [just the first year you borrow]Sign up for Electronic Funds Transfer (EFT) to more quickly receive loan funds borrowed beyond billable costs at http://eftstudent.berkeley.edu [just the first year you borrow]Federal Loan EligibilityGeneral Eligibility Requirements:In order to be eligible for any of the federal loan programs, you must meet the following requirements:You must be a U.S. Citizen, U.S. Permanent Resident or eligible non-citizenYou must have a valid Social Security NumberYou must be enrolled at least half-time for the semester (6 units)You must not be in default on a federal educational loan and not owe a refund on a federal grantYou must maintain Satisfactory Academic ProgressIf male, you must be registered with the Selective Service or obtain a waiver from the Selective Service Office

For searching for records on the web go to backgroundtool.com Its both general public as well as non-public information. It goes over and above what a single resource can do for you or what engines like google can provide you with. You will have accessibility to public record information, social networking summary, a general online lookup, court records, records of criminals, telephone records (both general public and privately owned directories ), driving records and even more.Are US federal student loans accessible on a public record?If you apply for financial aid, your school will likely include student loans as part of your financial aid package. It’s important to understand what types of loans you are offered. Generally, there are two types of student loans:Federal student loans: These loans are funded by the federal government.Private student loans: These loans are nonfederal loans, made by a lender such as a bank, credit union, state agency, or a school.If you need to borrow money to pay for college or career school, start with federal student loans.Federal student loans are:Direct Subsidized Loans and Direct Unsubsidized Loans;Direct PLUS Loans (for graduate and professional students or parents); andFederal Perkins Loans.What are the differences between federal and private student loans?Federal student loans include many benefits (such as fixed interest rates and income-driven repayment plans) not typically offered with private loans. In contrast, private loans are generally more expensive than federal student loans.The chart below provides a summary of the differences.More about privacy and your student aid recordsIf you have applied for federal student aid or have received a federal student loan, the Office of Federal Student Aid is authorized to maintain a record of all transactions related to your application or loan.Review the System of Records notices, which list the authorized disclosures and the safeguards for Office of Federal Student Aid systems under the Privacy Act of 1974, as amended. The systems that apply specifically to loans that you receive under the Direct Loan Program are #18-11-05 called Title IV Program Files and #18-11-06 called National Student Loan Data System (NSLDS).The fact that you have completed an electronic Master Promissory Note (MPN), Direct PLUS Loan Request or Entrance Counseling will be communicated to the school for which you are borrowing the money. The privacy of financial aid records (and admission, enrollment, and other records) kept by an educational institution is protected by the Family Educational Rights and Privacy Act. Click here to read the FERPA regulations.INTRODUCTION TO PRIVACY IMPACT ASSESSMENTSection 208 of the E-Government Act of 2002 (P.L.107-347) requires FSA to complete a Privacy Impact Assessment for each new system that collects information from the public through the Internet.During the Definition Phase of the FSA Solution Lifecycle, the System Security Officer must make sure that the team completes the attached Privacy Impact Assessment Questionnaire, must have it reviewed by the Chief Information Officer or equivalent official, and must file the completed form in the system's Security Notebook as part of the system's documentation. This Privacy Impact Assessment must also be made publicly available.Privacy Impact Assessment QuestionnaireSystem Name: Common Origination and Disbursement (COD)System Owner: William LeithSystem Manager: Nancy HooverSystem Security Officer: Don DorseyPrivacy Impact Assessment Questionnaire Author: Don DorseyDate: 1/22/2008Officials and organizational components involved in the analysis and review of the Privacy Impact Assessment included the following: Department of Education Office of the Chief Information Officer, Federal Student Aid (FSA) CIO Computer Security Officer, and COD management, including the System Security Officer.What information will be collected for the system (Ex. Name, Social Security Number, annual income, etc)?The COD system receives, processes and stores privacy act related data, such as names, social security numbers, current address, date of birth, place of birth, telephone numbers, and dollar amounts.The general public does not have access to COD.Why is this information being collected?The information is provided by the student applicants and the schools participating in the Title IV Higher Education Student Financial Aid Programs to enable the administration of the Federal Title IV grants and loans by the Department. The Title IV loans and grants are used by eligible students to attend those schools.How will FSA use this information?FSA/COD uses this student-level detail to book loans, account for awarded grants and to enable the Department to reconcile school cash drawdowns from the Treasury to individual student disbursements.This information also is used to ensure the respective schools receive the appropriate amount of dollars during the respective time periods.Will this information be shared with any other agency? If so, with which agency or agencies?Not routinely (This information can be made available for a civil or criminal law enforcement activity that is authorized by law, upon a written request by the agency).Describe the notice or opportunities for consent would be/ or are provided to individuals about what information is collected and how that information is shared with others organizations. (e.g., posted Privacy Notice)Extensive Privacy Act notices are posted at the web site of the Free Application for Federal Student Aid (FAFSA - Free Application for Federal Student Aid). The basis for the data sent to COD by colleges is the FAFSA®, which is filled out by student applicants first. The FAFSA® is an OMB approved data collection instrument (OMB #1845-0001)