Parent Loan Information Form

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Parent Loan Information Form
To indicate your willingness to borrow a Federal Direct Parent PLUS Loan, you may apply by completing this
by clicking “Sign In” and “Request a Direct PLUS
Information Form OR you may apply online at
Loan.” (You will not be required to complete and submit this Information Form to the SUNYIT Financial Aid Office if
you apply online.) To estimate your monthly repayment amount, please see the back of this form.
Please note that the PLUS Loan is subject to a credit check that is performed by the federal government's servicer. Once
the credit check has been completed an Electronic Master Promissory Note (EMPN) for the PLUS Loan must be
completed at . In order to finalize the processing of funds, the EMPN must be completed by
the parent borrowing the loan approximately 5 business days after SUNYIT has received this application.
Please note: If you choose to accept the PLUS Loan, you will make your first payment to the Loan Servicing Center
within 60 days after all of the PLUS Loan is disbursed for a school year. This generally means that repayment begins
while your child is still in school. Under some conditions you may receive a deferment or forbearance that allows you to
temporarily stop or lower your payments. Interest will accrue on the PLUS Loan during all periods of deferment or
forbearance. For more information, visit
STUDENT INFORMATION
Student Name:
Student ID: U00
PARENT BORROWER INFORMATION
PLUS Loan Amount Requested $_________________
*(cannot exceed amount offered on award letter)
* This amount will be split evenly between the fall and spring semesters unless otherwise noted.
Social Security Number
Date of Birth
Father
Mother
Step-Father
Step-Mother
Relationship to Student:
Last Name
First Name
MI
Address
_______________________________________________ _____________________________
______________
_______________
Street
City
State
Zip
U.S. Citizen
Eligible Non-Citizen
Neither
Phone Number
Citizenship
(
)
Alien Registration Number _______________________________________________________
Parent E-mail__________________________________________________________________________________
Driver's License Number _______________________________________ State/Province ____________________
Are you (the parent) in default on a prior student loan?
Yes
No
DIRECT PARENT PLUS LOAN REFUND AUTHORIZATION
I, the parent borrower, authorize the Bursar’s Office at SUNYIT to apply all PLUS funds to any charges on the
above student’s account including tuition, fees, room, board, and any other charges that the student may authorize
or cause to be assessed against the student’s account. I wish to have any amount in excess of the amount due on the
student’s account refunded to:
The Student
The Parent Borrower
Signature of Parent Requesting the Loan ____________________________________ Date ___________________
Complete front and back of this form and return to:
Financial Aid Office ● SUNY Institute of Technology ● 100 Seymour Road ●Utica, NY 13502
Phone: (315) 792-7210 ● Fax: (315) 792-7220 ● E-mail: finaid@sunyit.edu

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