Request For A Direct Federal Parent Plus Loan 2009-2010 (july

Request for a Direct Federal Parent PLUS Loan 2009-2010 (July 2009 to June 2010) Kettering University participates in the Federal Direct Parent PLUS Loan Program. The interest rate is fixed at 7.9%. A 4% origination fee will be charged on the amount you borrow. However, an up-front interest rebate of 1.5% is offered by the government as a repayment incentive. This means only 2.5% will be subtracted from your loan amount at the time of disbursement. To keep the up-front interest rebate, you must make your first twelve (12) required monthly payments on time (within six days of the due date). If you do not make these first twelve payments on time, the Department will add the rebate amount back to the principal balance.

Student Information – Make sure to include both your Social Security# and your Student ID # Student’s Full Name ____________________________________________ Date of Birth _______________________________ Student ID# __________________________________________ Social Security # ____________________________________ Parent Information – One Parent ONLY Parent Borrower’s Full Name ________________________________________________________________________________ Social Security # __________________________________ Date of Birth ___________________________________________ Permanent Address _________________________________________ Parent e-mail __________________________________ City, State, Zip Code _______________________________________ Phone # ________________________________ Driver’s License # _____________________________________________________ State _______________________  US Citizen

 Eligible Non-Citizen

Alien Registration # ____________________________________

Loan Amount Requested ___________________________________ Loan Period __________________________________ (Required) (month/year to month/year) This Parent PLUS Loan Request Form is NOT A LOAN APPLICATION. In order to receive a Parent PLUS Loan, you must complete a Parent PLUS Loan Master Promissory Note. Please follow the steps below to complete your Master Promissory Note. • Logon to www.kettering.edu • Click on the Current Students tab • Under Offices, select Financial Aid • Select Important Links in the blue box (upper right hand corner) • Select Master Promissory Note • Scroll down and select Complete New MPN for Parent PLUS Loan (in left hand margin) I authorize the Direct Loan Servicing Center to obtain a current copy of my credit report, and to perform a credit evaluation. I authorize the release of my credit evaluation results to Kettering University’s Office of Financial Aid Services. Please consider a faxed copy of my signature as proper authorization. My signature acknowledges that I have read all the information on this form and understand its meaning and intent. All information I have provided is true and correct. Parent signature ______________________________________________________ Date _______________________________ Return the completed form to:

Kettering University Financial Aid Services 1700 University Ave Flint, MI 48504 Fax: 810-762-9807 E-mail: [email protected]