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How To Apply
Subsidized and Unsubsidized Loans
Students who submit a FAFSA will receive nocaon
of their loan eligibility via their Financial Aid
Nocaon (FAN) on MyUCLA.
Loans must be accepted via the student’s FAN. First
me borrowers must also complete a Master
Promissory Note and Loan Entrance Counseling. Direct
loans will not disburse unl these have been
Parent PLUS Loans
The PLUS loan must be accepted on the FAN, then one
of the student’s parents must complete addional
applicaon steps.
A Federal Direct Parent PLUS Loan applicant is
considered to have an adverse credit history if he or
she:
Is 90 or more days delinquent on any debt as of the
date of the credit report, or
Has been the subject of a default determinaon,
bankruptcy discharge, foreclosure, repossession,
tax lien, wage garnishment or write-o of debt
under Title IV of Higher Educaon Act during the 5
years preceding the date of the credit report.
Has unpaid collecon accounts and/or charge-os
as of the date of the credit report.
If the parent is denied a PLUS loan due to adverse
credit, and the family chooses not to appeal the
decision or proceed with an endorser, UCLA
Financial Aid and Scholarships will award the
student addional unsubsidized loan funds.
Approval on Appeal or with an Endorser:
Borrowers who have adverse credit but are approved
for a Direct Parent PLUS Loan as a result of appealing
the credit decision or applying with an endorser are
subject to a new counseling requirement. This new
Subsidized and Unsubsidized Loan
Documents
For First me Borrowers only.
1. Loan Entrance Counseling is completed
with the U.S. Department of Educaon at:
hps://studentaid.gov/debt-management
2. The Master Promissory Note is completed
Parent PLUS Loan Documents
The students parent must request a PLUS
Loan at: hps://studentaid.gov A new
request must be completed each year.
The parent must also complete a Master
Promissory Note on the same website.
hps://stundentaid.gov/mpn This
requirement is for rst me borrowers
only, with the excepon of Loans
approved with an endorser.
Students who submit a California DREAM Applicaon
and meet AB540 Criteria will receive nocaon of
their loan eligibility on their FAN. Students must
accept the loan on their FAN and complete their loan
documents through the UCLA Loan Oce.
CA DREAM Loans
DREAM Loan Documents
Dream loan counseling is completed
through the UCLA Student Loan
Services website via hps://
loans.ucla.edu/e-sign-portal
The Promissory Note is completed on
paper, students will receive loan
documents from Student Loan
Services. A new Promissory Note
needs to be completed annually.
PLUS Loan Credit Requirements