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How do I apply for a Federal Direct Stafford or PLUS Loan?

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How do I apply for a Federal Direct Stafford or PLUS Loan?

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To be considered for a Federal Direct Stafford or PLUS Loan, a student needs to complete a FAFSA. This is also the first step when a parent wishes to use a Direct Parent PLUS Loan for the student. UVM uses the information on the FAFSA to determine if a student is eligible for a Federal Direct Stafford and/or PLUS Loan. Any loans available to the student will be offered in the financial aid award. To use a loan, the student must accept it in the financial aid award online, and complete all associated requirements (Master Promissory Note, PLUS Loan Worksheet, etc.). The necessary requirements will be posted to a student’s account after acceptance of the loan in the financial aid award.

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