Federal Direct Loan Request Form - Plus Loan - Parents
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1Direct PLUS Loan Request Form for Parents
Sweet Briar, Virginia 24595 • (800) 381-6156 • Fax: (434) 381-6450 • financialaid@sbc.edu • sbc.edu
Your financial aid award letter lists the maximum amount of PLUS loan that your parent may borrow; he or she has the option of
borrowing less than that.
The annual borrowing limit is the College’s total cost minus any financial assistance received (grants/scholarships, student loans, and
work-study jobs).
I, the parent borrower, authorize the U.S. Department of Education to check my credit history for the purpose of determining my
eligibility for the loan, and to report information about my loan eligibility to persons and organizations permitted by law to receive that
information. I understand that I will be notified in writing of the credit review with respect to my loan application.
Once I receive notification of approval, I must then go to StudentLoans.gov to sign the promissory note. SBC will receive notification of
completion.
Default Certification: If you are in default on any loan received under the Direct Loan, the Federal Family Education Loan or the Federal
Perkins Loan Programs (including the National Direct Student Loans), you are not eligible to receive a PLUS Loan unless you have made
satisfactory repayment arrangements with the loan holder to repay the amount owed.
Check the box below to certify that you meet this requirement.
I am not in default on a loan received under the programs listed above, or if I am in default, I have made satisfactory
arrangements with the loan holder to repay the amount owed.
If you are unable to meet the credit criteria required to obtain this PLUS Loan, the student may be eligible to borrow up to $4000
per year as a freshmen/sophomore or $5000 per year as a junior/senior in Unsubsidized Direct Loan. Check the box below if you
want SBC to award the Unsubsidized Stafford Loan to the student.
Yes, award the Unsubsidized Loan to the student. Student must complete a new Direct Loan Request form for the Unsubsidized
Loan amount.
If receipt of the PLUS Loan creates an overpayment on the student’s account, Sweet Briar College may issue the loan funds payable to
you, the PLUS Loan borrower. However, check the box below to authorize Sweet Briar to release the PLUS Loan funds directly payable
to the student.
Yes, release the PLUS Loan funds directly to the student.
PLEASE PRINT CLEARLY STUDENT'S NAME: __________________________________________________________________________
Borrower Name: _______________________________________________________________________________
SSN:________-_____-________
Parent Date of Birth: ________/________/________
Parent Driver's License #:_____________________________________________________
Month
Day
Year
State Number
Parent Full Address: ________________________________________________________________________________________________________
________________________________________________________________________________________________________
Parent Phone: (________) ________-____________
Parent Email:_________________________________________________________________
Are you a:
( ) U.S. citizen
( ) eligible non-citizen A#________________________
( ) ineligible citizen
I request a total amount of:
$
.00
Parent borrower’s signature: ______________________________________________________________ Date________/________/________
Month
Day
Year
RETURN TO THE SBC FINANCIAL AID OFFICE
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