Parent Plus Loan Revision Request

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Office of Financial Aid and Scholarships
218 Kerr Administration Building, Corvallis OR 97331-2120
T 541-737-2241 | F 541-737-4494 | E financial.aid@oregonstate.edu | W
PARENT PLUS LOAN REVISION REQUEST
Select application year: 2015-2016 ( )
2016-2017 ( )
Student Name
Student ID#
Parent Borrower Name
Parent date of birth
Parent PLUS Loan revisions must be requested by the parent borrower of the loan AND the signature of that same parent is
required on this request form. If you obtained an endorser, increases will require a new Master Promissory Note and an
addendum. Loan adjustments are made on an individual basis depending on the current loan status. Revisions should be
requested (using the gross amount) for the full year or for the enrollment period if less than a full year. Loan adjustments must
be made equally across all eligible terms. Requests for unequal disbursements of pending loans may only be fulfilled in cases
where the student meets the federal criteria for such adjustments.***IMPORTANT: If you wish to cancel loan funds that have
already disbursed to your student’s account, you may do so if it has been no more than 14 days from the date of
disbursement. Please contact our office to discuss canceling disbursed loan funds.***
CANCEL MY PARENT PLUS LOAN FOR A SPECIFIC TERM:
I am requesting that my unpaid disbursement(s) of Parent PLUS Loan be cancelled for the term(s) indicated below:
______ SUMMER
______ FALL
______ WINTER
______ SPRING
REDUCE MY PARENT PLUS LOAN:
I am requesting that my Parent PLUS Loan be REDUCED for the year or remaining term(s) as indicated below.
Reduce the amount requested by: $__________ for a total loan amount of: $____________
Reduce the amount requested for _________ term by: $_________ for a total disbursement amount of: $_________
INCREASE MY PARENT PLUS LOAN:
Increase the amount by: $__________ for a total loan amount of: $____________
Increase the amount by: $__________ for study abroad program for _________ term.
ADDRESS CHANGE: ____________________________________________________________________________
New address
City/State/Zip
Refund from the Parent
Loan to be sent to the ( ) student ( ) parent
PLUS
If funds have been credited to my student’s account, I understand that my request may create a balance owed to
the university on my student’s billing account. Please sign this form in ink. We are unable to accept e-signed
documents.
Parent Borrower Signature
Date
PPLSRV– Department use only
Print Form
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