<p>We applied for a parent Plus loan and was approved instantly, Now what will be our next Step to get the Loan and applied to the Fall Fees. Will the school send us something, on the FA pkg we still dont see any Parent Plus loan.</p>
<p>And when this 90 days timer starts, the funds are due by 8/15/14 can they be paid earlier then 8/15 like 8/1 or so..</p>
<p>You need to contact the school to find out how to apply for a PLUS. Not all schools use the online application, or they may use it but also need their own form completed.</p>
<p>Funds cannot be disbursed any earlier than 10 days prior to the start of the term. Even if they are disbursed at that time, the school may have a waiting period before refunds are issued. The school can give you their policy.</p>
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See <a href=“http://www.finaid.umich.edu/Home/TypesofAid/Loans/DirectPLUSLoans.aspx#completing[quote]If”>http://www.finaid.umich.edu/Home/TypesofAid/Loans/DirectPLUSLoans.aspx#completing
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<p>School told us to go to studentloans.gov and apply. So we went to this site and apply. Site told us they will send the notification to the school (University of Miami) in next 24 Hrs. we applied on 5/15 so was concern about 90 days period. </p>
<p>we complete the counseling but still need to finish the MPN…</p>
<p>Some time after all the documents (MPN + other?) completed, the Direct PLUS loans (like other Direct loans) will appear as “anticipated financial aid” on you student account. A few weeks after the term started, if the student still enrolled at least half-time, the loans will be distributed and will appear as payment on your student account</p>
<p>Student is Full Time (17 hrs) and I think Fall Fees is due from July 1st If I am not wrong. We want our Loan to be disbursed when its due…</p>
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I don’t think the Federal loans work like that. Once the loans appear on the account as “anticipated fin aid”, your due will be recalculated and should be lower.</p>