Direct Loan Parent Plus How To’s 1. Student’s Financial Aid file must be complete IE: FAFSA, Verification (if required), High School Documentation, Data Form Submitted 2. Student must be eligible for federal student aid. 3. Parent must complete Parent Plus Entrance, Parent Plus Application and E-MPN at www.StudentLoans.gov . Click the link for the Plus Request Process for instructions. 4. Parent must submit the Direct Parent PLUS Loan Request Form to the Financial Aid Office. 10 days are required to process this loan request. Revised 01/09/13 Direct Parent PLUS Loan Request Form (Eligibility Restricted to DEPENDENT students) STUDENT NAME______________________________________________________________ (Last) (First) (M.I.) S.S.#_________________________ ADDRESS - Number & Street___________________________________________________________________________ City___________________________________________________________State__________Zip____________________ Phone (_________)_________________________ Driver’s License - State_______Number__________________________ Date of Birth____________________________ Expected NC State Graduation Date _______________________________ PARENT BORROWER NAME______________________________________________________________ (Last) (First) (M.I.) S.S.#_________________________ ADDRESS - Number & Street___________________________________________________________________________ City___________________________________________________________State__________Zip____________________ Phone (_________)_________________________ Driver’s License - State_______Number__________________________ Date of Birth__________________________ Relationship to student ____________________________________________ Parent Citizenship Status: ___ US Citizen/National __ Permanent Resident/Eligible Non-citizen __Neither LOAN REQUEST Loan period - Your loan will be processed from its beginning term through the end of the academic year, unless the student plans to graduate before the end of the academic year. When should the loan begin? _______Summer _______Fall How much do you want to borrow for the entire loan period? _______ Spring $_____________ The loan amount awarded will be divided evenly across the entire loan period. CERTIFICATION I understand and agree that: The Parent Borrower must complete an E-MPN (electronic Master Promissory Note) using his/her information at www.StudentLoans.gov This application is subject to credit approval by the US Department of Education. Credit denial may be appealed, call Direct Loan Servicing at 1.800.557.7394 Student must submit FAFSA, complete required steps and submit requested documentation to the Financial Aid office. Failure of the student to remain enrolled in at least 6 credit hours may result in cancellation of this loan. Student must maintain Satisfactory Academic Progress as established by NCSC and obtain a degree/LPN certificate within 150% of the minimum credit hours required. This Direct Parent PLUS Loan award may be adjusted when/if additional financial aid is applied to the student account. Your submission of this form authorizes the US Department of Education to initiate a credit check. Your submission of this form also authorizes NCSC to process this application electronically (EFT), proceeds from this loan will be applied to the student account. Any possible refund will be issued to the student. _________________________________________________ (Parent Signature) Revised 01/09/13 ________________________________ (Date)
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