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A loan application fee is an up-front, usually nonrefundable, charge for submitting an application; comparing fees can save you hundreds and you may even avoid one. How Do Lenders Use Loan Application.
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The Direct PLUS Loan Application allows you to authorize the school to use your loan funds to satisfy other educationally related charges after tuition and fees, and room and board have been paid. You are not required to provide this authorization. As a parent borrower, the Direct PLUS Loan Application also allows you to:
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