HOLY APOSTLES COLLEGE
FEDERAL DIRECT PARENT PLUS LOAN REQUEST FORM
Please PRINT clearly – no blanks

STUDENT INFORMATION

SSN:  

-  

-  

Student ID:  

DOB:  

/ 	/ 

Student’s Name:   

Last name

First name

Middle Name

PARENTAL INFORMATION

Parent’s Name:   

Last name

First name

MI

SSN:  

-  

-  

DOB:  

/ 	/ 

Address:  

Street

City

State

Zip Code

Parent’s Email 

@ 

Phone # ( 	)

State of Legal Residence:
#:

Parent’s citizenship:

U.S. Citizen;

Eligible Non-Citizen; Alien

LOAN INFORMATION

Loan Period:   

Full Academic Year	 

Fall Semester Only	 

Spring Semester Only

Requested Loan Amount (Do Not Leave Blank): $ 
a)	The maximum amount that you may apply for is the full cost of attendance, less any financial aid received including scholarships. This amount should be no greater than the amount provided by the financial aid office.
b)	96% of the requested amount will be disbursed to HAC. It is recommended that you add the Direct PLUS loan’s 4% origination fee to the amount of the loan. This fee will be taken out as the funds are released each semester.
c)	The PLUS loan interest rate is fixed at 7.6%.

PLUS LOAN REFUND

If the PLUS Loan is greater than the amount due on the HAC student account, the credit balance may be released to the student for educational expenses or to the parent for the student’s educational expenses:

I authorize the handling of any credit balance from my PLUS Loan as follows:

 

Release the balance to my student

 

Send the balance to me.

HOLY APOSTLES COLLEGE

Check below ONE option in the event the Parent PLUS loan is denied due to the results of the credit check:

 	Use Endorser (credit worthy co-signer)
Please log onto https://studentloans.gov for detailed information regarding endorser requirements. If assistance is needed call 1-800-557-7394.

 	Allow the student to be considered for the additional federal Direct Unsubsidized Loan. Maximum student eligibility is determined by grade level as follows: Freshman/Sophomore: $4,000,
Junior/Senior: $5,000. Additional loan funding will be disbursed equally in the fall and spring semesters.

 	Take no further action

PARENT SIGNATURE

Please note: The parent who completes this request form must complete the Master Promissory Note (MPN) online once the loan is approved. An MPN completed by the spouse of the requester cannot be processed

Parent Signature 

Date 

Space provided for Financial Aid Academic Year