Federal Direct Parent Plus Loan Request Form printable pdf download

Office of Financial Aid

5400 Ramsey Street Fayetteville, NC 28311

Telephone: (910) 630-7192/7193,

1-800-488-7110

Fax: (910) 630-7285

20___-20___Federal Direct Parent PLUS Loan Request Form (PLRF)

This form is to be completed by the parent (parent 1 or parent 2 as defined by the FAFSA form and be a US Citizen or Eligible Noncitizen) that has been

approved for the Federal Direct Parent PLUS Loan by the Department of Education ( ). Please visit the Methodist University

Federal Direct Parent PLUS Loan website at ; Financial Aid; then select Federal Direct Parent PLUS under the Loans for Education

section for additional information regarding the Parent PLUS Loan application process.

Student Information: (Please Print)

1. Student’s Name: __________________________________________________________________________________________

(Last)

(First)

(MI)

2. MU Student ID Number: ___________________________

3. Student Citizenship:

___ US Citizen

(Check One)

___ Eligible Noncitizen

Parent Borrower: (Please Print)

1. Parent Borrower Name: _____________________________________________________________________________________

(Last)

(First)

(MI)

2. Parent Borrower Home Address: ______________________________________________________________________________

(Include full street address, no P.O. Box number)

City:____________________ State:__________________ Zip:_________________________

3. Parent Borrower Telephone Number: _________ -_________-_________ (Number to be reached during business hours)

4. Parent Borrower Date of Birth: _____/_____/_________ (mm/dd/yyyy)

5. Parent Borrower Citizenship: ____ US Citizen

(Check One)

____ Eligible Noncitizen

6. Is this an INCREASE to a PROCESSED Parent PLUS loan ___ Yes ___ No (If yes, only list the increased amount below)

7. Parent PLUS Loan Period, check the desired loan period (YOU MUST enter a whole dollar numeric value i.e. $ 5000.00)

For questions on the requested loan amount contact the Office of Student Accounts 910-630-7619 or 7018

_____ Academic Year: August 20__ to May 20__………………….Requested PLUS Loan amount: $ ______________

_____ Fall Semester Only: August 20__ to December 20__………Requested PLUS Loan amount: $ ______________

_____ Spring Semester Only: January 20__ to May 20__…………Requested PLUS Loan amount: $ ______________

_____ Summer Semester Only: Term(s) _________________.......Requested PLUS Loan amount: $ ______________

Borrower Certification: I certify that the information provided on this form is true and correct and that I am parent 1or parent 2 of the dependent

student. Further, I certify that the student and I are not in overpayment for any federal grant or loan made, are not in default, or if so, have made

satisfactory payment arrangements with the holder(s) of any defaulted loan(s), and that we do not have property subject to a judgment lien for a debt

owed to the United States.

I also certify that I understand that in order for my Parent PLUS Loan to be processed I must: 1) Sign the Master Promissory Note with the Department

of Education, 2) be approved through the Department of Education Credit Check and 3) complete and return this form to Methodist University. By

signing this Loan Request Form, I give my consent to Methodist University to process my PLUS Loan for the amount and loan period indicated above.

Loan Cancellation: Parent Borrowers have the right to cancel all or part of federal loan disbursement within 30 days of the

disbursement to the university. Submit a written request to the Office of Financial Aid within 30 days from the disbursement date.

The written request to cancel a Parent PLUS loan may be submitted by a handwritten, typed, or printed statement bearing an original

signature submitted by mail, in person, or by fax (no e-mail can be accepted).

Borrower’s Signature: ___________________________________ Date: _______________

Before a federal parent plus loan can be originated/processed all required documentation must be completed prior to the end of

the student's current academic year enrollment. Keep in mind that plus loan applications are time sensitive and must be

completed before the application expires.

Any missing documents can be found on the student's MYMU Portal.

Please return to the Office of Financial Aid at Methodist University.

Federal Direct Parent Plus Loan Request Form

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