2015-2016
Graduate Plus Direct
Loan Authorization Form (LAF)
COMPLETE ALL ITEMS legibly and SIGN the Loan Authorization Form before submitting it to the Financial Aid Office.
Name __________________________________________ Campbell ID ___________________ Date of Birth __________________
Address ____________________________________________________________________________________________________
Permanent PO Box or Street Address
City
State
Zip
Home Phone # (_____) ____________________ Cell Ph # (_____) ____________________ Other (_____) ____________________
Indicate program(s) are you enrolled:
□ MSBS
□ CUSOM
□ LAW
□ DIV
□ MBA
□ MEd, MSA, MA
□ MTWM
□ Pharm
□ MSCR □ MSPS
□ MSPH
□ PA
□ DPT
In order to participate in the Federal Graduate Plus Direct Loan Program, you must do the following:
Sign in at www.StudentLoans.gov (using your FAFSA user name and password)
● Complete the electronic Direct Sub/Unsub/Plus Loan Entrance Counseling
st
(for 1 time DL borrowers at Campbell)
● Complete the Direct PLUS Loan Request Process
(must be completed for each additional request / credit decision expires after 180 days)
NOTE: You will be notified by Direct Loans of the credit decision – “Accepted” on webaccess is not an indication that the loan
has been credit approved – only that it was certified/originated by the Campbell University Loan Dept. to Dept. of Ed.
● Complete the electronic Direct PLUS Loan Master Promissory Note (MPN) (be sure to click “submit”)
*If Endorser required, Endorser must complete an Endorser Addendum
- notify Campbell University Loan Department if Endorser approved
For website assistance, please contact the Department of Education Customer Service at: 800-557-7394
● Complete this Loan Authorization Form and submit to the Financial Aid Office
(Loans must be processed prior to the end of the semester)
● Must be registered at least ½ time in your program each semester/block by census date
(Loans will not disburse if your enrollment falls below ½ time)
• Must meet SAP (Satisfactory Academic Progress) requirements (see website for SAP Policy)
(Loans will not disburse if you do not meet SAP per term of the loan)
Reference your student’s Financial Aid awards for your loan eligibility. If your student has been awarded for only one
semester, or will be graduating, indicate the appropriate response for the loan period below.
□ Academic Year 2015-2016 (both Fall & Spring Semesters)
□ 2015 Fall Only □ 2016 Spring Only □ 2016 Summer
Loan Period: (please check)
*Please remember to include enough for the processing fee by the Dept. of Education. $ ___________________ (Total requested)
Current processing fee: 4.272% (fixed)
Do NOT leave this blank
(Processing fee subject to change per Dept. of Education)
By my signature, I hereby authorize Campbell University to process my student loans and when the funds become available, to transfer the proceeds of my student
loan disbursements for the William D. Ford Federal Grad Plus Direct Loan to my student account at Campbell University. I understand that my student account will
reflect a credit each time a transfer of loan proceeds is made and that the Campbell University Business Office will notify me of such crediting. I understand that my
Federal Grad Plus Direct Loans will enter repayment immediately after the last disbursement for this school year unless I request a deferment from the Dept. of
Education. I also understand that the Department of Education may deduct fees before my loan proceeds are sent to Campbell.
Borrower’s (Student’s) Signature _______________________________________ Date _____________________
(Original signature only – electronic signatures not accepted)
Contact Loan Team:
Submit form to: Campbell University FAO
Ph: 910-893-1314
800-334-4111, ext. 1314
email: [email protected]
• PO Box 36, Buies Creek, NC 27506
• Fax: 910-814-5788
Grad Plus DL LAF 15-16
Rev.10.23.15
Please keep this page for your records:
Grad Plus Loan amount requested $ _________________
Sign in at www.StudentLoans.gov (using your FAFSA user name and password)
st
□ Complete the electronic Direct Sub/Unsub/Plus Loan Entrance Counseling (for 1 time DL borrowers at Campbell)
□ Complete the Direct PLUS Loan Request Process (must be completed for each additional request / credit decision expires after 180 days)
NOTE: You will be notified by Direct Loans of the credit decision – “Accepted” on webaccess is not an indication that the loan
has been credit approved – only that it was certified/originated by the Campbell University Loan Dept. to Dept. of Ed.
□ Complete the electronic Direct PLUS Loan Master Promissory Note (MPN) (be sure to click “submit”)
*If Endorser required, Endorser must complete an Endorser Addendum (notify CU Loan Department if Endorser approved)
For website assistance, please contact the Department of Education Customer Service at: 800-557-7394
NOTE: If you choose not to apply for the Federal Grad Plus Direct Loan, you may apply for a private loan instead.
You must APPLY ONLINE and/or complete the credit process online through Campbell’s Elm Select website at:
http://www.elmselect.com/link/query?schoolid=170
Step One: Calculate expenses for the semester AND year. Please reference the Business Office Tuition & Fee Schedule.
http://www.campbell.edu/pdf-top/human-resources/Fall_2015_-_Spring_2016_Tuition_and_Fee_Schedule-Published_1-9-2014.pdf
FALL
SPRING
YEARLY COST
Tuition
Fees
Parking Permit (Main Campus / Law School)
$190 / $275
$190 / $275
Illness Insurance - Mandatory (must waive)
Total Costs (A)
Step Two: Fill in the Estimated Financial Aid award for the year and semester using the 2015-2016
Financial Aid Award
Scholarships, Endowments,
Outside Scholarships
FALL
SPRING
YEARLY AID
FALL
SPRING
YEARLY COST
LOANS: (do not include Grad Plus loan)
Federal Direct Unsubsidized Loan (*)
* Loan Fees by Department of Education
Total Financial Aid (B)
Step Three: Calculate the ESTIMATED Balance Due
Total Cost (A)
Minus Total Financial Aid (B)
“Balance Due” To the Business office *
*Balance Due may be paid by eligibility in an approved Federal Grad Plus Loan, an Alternative Private Loan or
other arrangements made through the Campbell Business Office
Not Included in Total Cost(A)
Books & Supplies (Estimated)
Grad Plus DL LAF 15-16
FALL
SPRING
$1,000
YEARLY COST
$1,000
$2,000
Rev.10.23.15