Fillable Federal Direct Parent Plus Loan Application printable pdf download

4901 Evergreen, 1183 University Center

Dearborn, MI 48128-2604

313-593-5300

FAX 313-593-5313

Email:

ask-ofa@umd.umich.edu

Federal Direct Parent PLUS Loan Application

Parent PLUS Loan Process:

! You must be a parent/step-parent of the student whose information is reported on the FAFSA. (Guardians and grandparents cannot apply.)

! You are encouraged to file the Free Application for Federal Student Aid (FAFSA) with the Department of Education at

! Complete all sections of this application and return to the Office of Financial Aid by FAX 313-593-5313

! Upon approval, sign the Parent PLUS Master Promissory Note (MPN) at the Department of Educations website at

. You must have

your Department of Education Personal Identification Number (PIN) to sign the Parent PLUS MPN. This is the same PIN that you used to sign your

student’s FAFSA. The signature process is complete once you can view the screen that indicates __ “SUCCESS! Now Print your MPN”.

This form will not be processed if any item is incomplete or not legible

I. Student Information:

Student Name _______________________________________________________________ Student UMID ______________________________

Loan Period (check one) Fall/Winter ________ Fall Only _________ Winter Only _________ Winter/Summer __________Summer Only ________

Loan Amount Requested $________________________ (If left blank the maximum amount of loan will be processed)

A Parent may apply for a PLUS loan up to the cost of attendance minus all other financial aid. If the PLUS is for one semester only, the amount a parent

may borrow is based on the cost of attendance for that semester minus the financial aid for that semester.

II. Parent Section:

Parent Name ________________________________________________________Parent Social Security Number ___________________________

Street Address ____________________________________________________________________________________________________

City ______________________________________________________State ____________________ Zip Code ______________________

Parent Birthdate ____________________________________________ Home Telephone_________________________________

Email Address_____________________________________________________ U.S. Citizen: Yes

III. Refund Authorization: (Parent please initial if you approve)

I Authorize the Cashiers/Student Accounts Office to issue any refund generated from the disbursement of the Federal Parent PLUS Loan to the

student beneficiary.

IV. Parent Signature:

I certify that I am the parent/step-parent of the student on this application and that all information provided on this form is accurate. I understand that the

information I provide on this application will be electronically transmitted to the Department of Education, it’s servicer and/or agents and my credit history will

be reviewed to determine my eligibility for the PLUS loan.

Parent Signature ________________________________________________________ Date______________________________________

V. Authorization to Increase Unsubsidized Loans:

In the event the parent is denied the Federal Direct Parent Plus Loan, the student may be eligible for an additional Stafford Unsubsidized Loan; up to $4,000

as a freshman/sophomore or $5,000 as a junior/senior. I acknowledge by signing this form, that I am authorizing the request for additional unsubsidized

loans to the fullest value possible, but not to exceed the expected cost of attendance.

Student Signature__________________________________________________________ Date___________________________________

RETURN TO: FAX this application to 313-593-5313 OR University of Michigan – Dearborn, Office of Financial Aid, 1183 University Center, 4901

Evergreen, Dearborn, MI 48128-2604