What does "Fed Direct Parent PLUS Loan" mean?

<p>This is the federal Shopping Sheet: <a href=“https://www.ifap.ed.gov/dpcletters/attachments/ShoppingSheetTemplateGEN1326.pdf”>https://www.ifap.ed.gov/dpcletters/attachments/ShoppingSheetTemplateGEN1326.pdf&lt;/a&gt;. The feds would like for schools to adopt this format for their award letters. Does this make it more clear for students/parents in terms of understanding the awards?</p>

<p>I use it for my students, although I made my own template so I can use my own databases (due to lack of tech support) - but I include all the info on the template. I offer the Grad PLUS as a line time at the very bottom, with an explanation of what it is (credit based; not guaranteed; can be used to supplement all other aid, if necessary). If I had undergrads, I would want to do the same with the Parent PLUS loan. </p>