Office of Financial Aid
Perlstein Hall, 206
10 W. 33
Chicago, IL 60616
Federal Direct PLUS Loan Request Form 2020-2021
Last Name First Name
Campus-Wide ID (A#) Telephone Number
Before requesting an additional loan, consider the long-term impact that the loan may have on your financial future.
Please complete the exercises below:
Visit the National Student Loan Data System website (https://www.nslds.ed.gov/nslds/nslds_SA/) and review a
summary of your total federal student loan debt.
Use the Federal Student Aid Repayment Estimator (https://studentaid.gov/app/repaymentEstimator.action) to
calculate your monthly student loan payments: $ (use an estimate of your future salary to complete this step)
1. For which term are you requesting a Federal Graduate PLUS Loan?
Fall & Spring
Fall Only (I am graduating at the end of the fall term.)
Spring Only (I started classes in the spring term.)
Summer (I am currently enrolled in summer term.)
2. How much funding are you seeking?*
• I am seeking a federal Graduate PLUS Loan totaling: $ _________________
3. Do you wish to decline your Federal Work-Study Award (FWS)?** Yes No N/A
*The Graduate PLUS Loan is based on credit approval.
**Declining your FWS allows the FWS Award amount to roll into a Graduate PLUS Loan, if desired.
By signing this form, I authorize the Office of Financial Aid to adjust my federal loan(s).
Student Signature (must print and sign) Date
This form seeks to notify borrowers of the impact that a Direct PLUS loan will have on their total
debt and estimated monthly payments. Students should note that Direct PLUS Loan requests
may generate additional requirements on their myIIT portal
. A PLUS Loan will be added to your
account after a staff member processes your request. Please check your Illinois Tech hawk email
regularly as a staff member may contact you with additional details.