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In order to receive a Direct Parent PLUS Loan for your son or daughter attending Capital University, you must be able to answer "yes" to the following statements:
Once you meet all of the conditions mentioned above, you can apply for a Direct Parent PLUS Loan.
If your Direct Parent PLUS Loan is approved, the Department of Education will notify Capital University of this approval and we will certify eligibility for this loan (usually within 2-4 weeks).
You must sign a Direct Parent PLUS Promissory Note before your loan funds are disbursed. You can sign your Promissory Note online after your Federal Direct Parent PLUS Loan has been pre-approved. You must have your Federal PIN to sign the Promissory Note online.
If your Direct Parent PLUS Loan is denied, the Department of Education will notify us of this denial.
If your son or daughter is interested in obtaining additional loan assistance through the Federal Unsubsidized Independent Direct Loan, he or she should contact Capital's Financial Aid Office. Depending on class rank, students denied Direct Parent PLUS Loans are eligible for up to an additional $5000 for the academic year.
The Direct Parent PLUS Loan is a loan for parents of dependent undergraduate students. This loan supplements the Federal Direct Loan Program, helping pay the cost of post-secondary education. For more information, refer to the Student Loan Fact Sheet.
Capital University is a private four-year undergraduate institution and graduate school located in the Columbus, Ohio, neighborhood of Bexley. Copyright © 2013 Capital University