Download Parent PLUS Loan - Nassau Community College

Student:_________________________________________________ NCC ID #: N00_______________
Permanent Home Address__________________________________________________________________
City & Zip:______________________________________ DOB:____________ Expected Graduation Date:___________
IF PARENT IS DENIED THE PLUS LOAN, I, THE STUDENT, WOULD LIKE TO ACCEPT THE ADDITIONAL
UNSUBSIDIZED LOAN. Yes ( ) No ( )
Maximum annual amount desired:___________
(up to $4000)
Student signature_________________________________ Date______________
___________________________
__________
First Name
_____________________________________
Middle Initial
Last Name
___________________________
____________
Parent Social Security Number
Parent Date of Birth
__________________ __ __________________
Parent Home Phone
Parent Email
_________________________________________________
_________________________________
Street Address
City, State, Zip Code
Driver’s License: Yes (
I am a U.S .Citizen: Yes (
) No (
) No (
)
If yes, license #_________________________________ State__________
) OR I am an eligible non-citizen A_________________________________
Alien Registration Number
I, the parent, am a first time Parent PLUS borrower at NCC? Yes (
)
No ( )
If yes, you must complete a Master Promissory Note for Parent PLUS loans at www.studentloans.gov
PLUS Loan Amount Requested $____________
To be applied to the following semesters:
My relationship to student is:
I am requesting this amount for the _____aid year.
Fall_____ &/or Spring_____ &/or Summer_____
Mother ____ Father_____ Step-Mother_____ Step-Father______
I attest that I am not in default on any federal loans, nor do I owe an overpayment in a federal
education grant. By completing this application, I am giving Nassau Community College and the
Department of Education permission to check my credit.
_________________________________________________
Parent-Borrower Signature
_________________
Date
FA_081514
Federal Direct Parent PLUS Request Form
This credit-based federal loan is available to parents of dependent undergraduate students
who are enrolled at least half-time (6 credits per semester) in an eligible program leading to a
degree or certificate.
• You must be the parent (custodial or non-custodial) or stepparent of the student. A
stepparent is eligible to borrow a PLUS loan if her/his income and assets would be taken into
account when calculating the dependent student’s EFC. A legal guardian or another relative
cannot apply.
• You must be a U.S. citizen or eligible non-citizen.
• This loan is based on approved credit. The applicant cannot be 90 days or more delinquent on
the repayment of any debt; or the subject of a default determination, bankruptcy discharge,
foreclosure, repossession, tax lien, wage garnishment, or write-off of a Title IV debt during the
last five years.
• An origination fee is deducted from the gross amount of the loan, so the amount actually
disbursed to the student’s account will be less. The current origination fee is 4.288%
How to Apply
• Student must have already completed the FAFSA application (www.fafsa.gov).
• Submit a Federal Direct Parent PLUS Loan Request Form to the financial aid office information
below).
• A credit check will be performed by the U.S. Department of Education. If credit is denied, the
student will be offered an additional unsubsidized student loan up to $4000.
• If credit is approved and this is your first time borrowing a Federal Direct PLUS loan, complete
the Federal Direct PLUS Loan Master Promissory Note (MPN) online at studentloans.gov.
• The loan amount will be posted to your student’s Nassau County Community College account
and appear as anticipated aid against your student’s bill once your credit is approved and your
parent MPN has been signed.
• Disbursement will not occur until after the start of the term and after all other requested
information has been received and processed by the financial aid department.