Request For Federal Direct Plus Loan For Parents

ADVERTISEMENT

Application for FEDERAL DIRECT PLUS LOAN - Parent
The William D. Ford Federal Direct PLUS Loan Program allows parents to borrow Federal funds on behalf of a dependent child who is an
undergraduate. This loan must be used for educational purposes, and parents should only borrow the amount necessary to satisfy the student's
costs of attending school. The PLUS Loan amount cannot exceed the Financial Aid Budget minus the student’s financial aid award. Parents
should remember that these funds are a loan from the U.S. Department of Education, and the loan must be repaid.
The information requested on this form pertains to the parent who will be the borrower of the Parent PLUS loan. A natural or adoptive parent
can borrow a PLUS loan on behalf of an undergraduate student. A step-parent may borrow a PLUS loan on behalf of an undergraduate student
ONLY if his or her information was included on the FAFSA. An applicant borrowing a PLUS loan for the first time must complete an
electronic Master Promissory Note (eMPN) and sign the eMPN with his or her uniquely assigned FAFSA PIN. For further information
regarding Federal Direct Parent Plus loans, please refer to our website at
Information About Federal Parent PLUS Loan
To apply for the
Parent PLUS loan, please complete the form below and return it to:
UNCSA, Office of Student Financial Aid, 1533 South Main Street, Winston-Salem, NC 27127.
Student Name: _________________________________ SS# _________________ Date of Birth:___________
Parent Borrower Information
Student Name: ____________________________________________ SS# ______________________________
Parent Borrower Name
Parent SS#
Father
M other
Step-Father
Step-Mother
Relationship to Student:
Parent Permanent Address: ________________________________________________________
Street
City
State
Zip
Parent Date of Birth: ______________________
Month / day / year
U.S. Citizenship Status (check one):
U.S. Citizen or National
Parent Telephone #:
(______)____________________
Permanent Resident or other eligible alien
Alien Registration # ____________________
Parent Email Address:______________________________
Loan Request Information
LOAN AMOUNT REQUESTED: Specify Amount: $ ______________
__ OR
Maximum Allowed
(see the Parent PLUS Loan Eligibility Information located on the Accept Award Offer Tab on your student’s E-Z Arts Financial Aid Page for maximum amount)
Parent Authorizations
Your Direct PLUS Loan will be applied to the student’s school account to pay for tuition, fees and on-campus room and board, and, if you
provide authorization below, other educationally-related charges. Any loan amount that remains after these charges have been paid is
called a credit balance. You may choose to have the school pay the credit balance directly to you or to the student.
If there is a credit balance after your Direct PLUS Loan has been applied to the student’s account, to whom do you want the
school to pay the credit balance?
Me (Parent)
Student
By checking the box below, you may authorize UNCSA to use your Direct PLUS Loan to satisfy other educationally-related charges that
the student incurred at UNCSA. Examples of other charges that may be paid with your authorization include, but are not limited to,
mandatory health insurance, graduation fees, library fines and charges for minor damage to school property.
Authorization to Pay Other Charges
I authorize UNCSA to use any PLUS Loan fund credit balance to pay current educationally-related charges that my student’s account
,
may incur, such as, but not limited to, mandatory health insurance, graduation fees
library replacement charges, residence hall charges,
etc.
To cancel the Authorization to Pay Other Charges, you must submit that request in writing to the Office of Student Financial Aid.
If you cancel either of the authorizations, the student is responsible for paying all charges incurred.
Your signature below confirms that you are not in default on a prior federal education loan and authorizes UNCSA to perform a
mandatory credit check required for the Parent PLUS loan.
Parent Signature ____________________________________________ Date ____________________________

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Business
Go