Parent Loan For Undergraduate Students (Plus) Application printable pdf download

PARENT LOAN FOR UNDERGRADUATE

STUDENTS (PLUS) APPLICATION

INSTRUCTIONS FOR APPLYING FOR A 2016—2017 PARENT PLUS LOAN

1) Parent and Student must complete FAFSA at

2) Parent must complete a PLUS Loan credit check and the PLUS Master Promissory Note (MPN) at



Go to and sign in using the parent borrower’s FSA ID (from fsaid.ed.gov)



Click the “Apply for a PLUS Loan” link on the left side of the screen under the “PLUS Loan Process” heading



Select “Parent PLUS” for your loan type and complete the credit check steps



If approved, click on “Complete MPN” link on the left side of the screen and choose the “Parent PLUS option” and

complete

the necessary steps

3) Complete this form and return it to:

The College of Saint Rose, Attn: Office of Financial Aid, 432 Western Avenue, Albany, NY, 12203

or fax: (518) 454-2109, or scan/email: finaid@strose.edu

PLEASE NOTE:



The PLUS Loan interest rate is fixed at 6.84%, with a 4.272% origination fee



Generally, repayment of a PLUS Loan begins 60 days after the final loan disbursement for the academic year



For information about consolidating your PLUS Loans, please visit

STUDENT INFORMATION

Student Name:___________________________________________________ Student ID#:_________________________________

PARENT INFORMATION

Parent Name (one parent only):_________________________________________________________________________________

Parent Date of Birth: _____________________________________ Parent SSN:__________________________________________

Parent Street Address:________________________________________________________________________________________

Parent City:__________________________________________ State:_____________________ Zip:_________________________

Parent Phone #:___________________________________ Parent E-mail:______________________________________________

Parent Citizenship Status (Please Choose One):

U.S. Citizen

Eligible Non-Citizen

If Eligible Non-Citizen, Alien Registration #:_____________________________________________________________________

Parent Relationship to Student (Please Choose One):

Biological Parent

Adoptive Parent

Eligible Stepparent

LOAN INFORMATION

Total PLUS Loan Amount Requested:_______________________________ (Whole dollars only, do not write “Maximum”)

The U.S. Department of Education will deduct 4.272% from the loan for an origination fee

Check here if you are requesting an ADDITIONAL parent PLUS loan amount.

Indicate the additional amount above.

Loan Period (Semester(s) in which requested amount is intended):

Summer 2016

Full Year (Fall 2016 and Spring 2017)

Fall 2016 Only

Spring 2017 Only

PARENT BORROWER AUTHORIZATION

By signing below you certify that you (1) will use federal and/or state student financial aid only to pay the cost of attending an institution of higher educa-

tion, (2) are not in default on a federal student loan or have made satisfactory arrangements to repay it, (3) do not owe money back on a federal student

grant or have made satisfactory arrangements to repay it, (4) will notify your school if in default on a federal student loan, and (5) agree, if asked, to pro-

vide information that will verify the accuracy of your completed form. This information may include your U.S. or state income tax forms. Also, you certify

that you understand that the Secretary of Education has the authority to verify information reported on this form with the Internal Revenue Service and

other federal agencies.

Parent Signature:___________________________________________________ Date:________________________