College of DuPage 2020-2021 Federal Direct PLUS Loan Request Form
Office of Student Financial Assistance
2020-2021 Federal Direct PLUS Loan Request Form 04/20/20
Last Name First Name
Student ID
Federal Direct PLUS loans allow parents to borrow on behalf of their dependent student to assist paying educational expenses. The PARENT must
complete a Direct PLUS Loan Application and Master Promissory Note online at
. A student must have completed the Free Application
for Federal Student Aid (FAFSA) to be considered for a PLUS Loan. THIS PARENT PLUS LOAN REQUST FORM MUST BE COMPLETED
BY THE PARENT. When completed, this form contains information protected under the Family Federal Education Rights and Privacy Act (FERPA)
part of the Privacy Act of 1974.
Last Name First Name Middle Initial Social Security Number
Parent Permanent AddressStreet, City, State, and Zip Code Parent Email Address
Parent Phone Number Driver’s License Number State Parent Date of Birth
US Citizen or National Permanent Resident/Eligible Non-Citizen (Alien Registration Number required): A
Relationship to student (check one): Mother Father Step-parent (See pg. 2 for definition of qualifying parent)
Are you in default on any Federal Student Loans? (I.e. Perkins, Stafford, Direct, PLUS) Yes No
Do you owe an overpayment on a federal educational grant? Yes No
Check the appropriate loan period you wish to receive your loan.
Fall and Spring Semesters August 24, 2020 to May 21, 2021
Fall, Spring & Summer Semesters August 24, 2020 to August 09, 2021
Fall Semester Only August 24, 2020 to December 18, 2020
Spring Semester Only January 25, 2021 to May 21, 2021
Spring and Summer Semesters January 25, 2021 to August 09, 2021
Summer Semester Only June 01, 2021 to August 09, 2021
Please indicate the amount you wish to borrow each semester. A parent may borrow up to the total cost of education minus all financial aid resources
including, but not limited to, grants, Direct loans, work study and scholarships. The Office of Student Financial Assistance has the responsibility to
lower the amount of loan requested if it is determined you are not eligible for the requested amount. If you are requesting an amount above the standard
cost of attendance due to a specific program with higher expenses or a study abroad experience, please attach documentation to verify the additional
expense. Must enter actual dollar amount requesting for each term maximum is not acceptable.
Amount requested for each term: Fall Semester 2020: $ Spring Semester 2021: $ Summer Semester 2021: $
Direct PLUS Loan Application and PLUS Master Promissory Note (MPN) completed online at Date:
By signing this form, I understand that any loan funds will be credited to my student’s account at the College of DuPage for payment of tuition and
other charges. I understand that my student’s eligibility for loan funds will be re-evaluated before each disbursement of my loan. I authorize any
remaining loan funds in excess of my student’s charges to be refunded directly to my student.
If you DO NOT authorize the excess loan funds to be refunded directly to the student, please check this box.
Parent Signature Date
Please return the form to:
College of DuPage, Office of Student Financial Assistance SSC 2220
425 Fawell Blvd., Glen Ellyn, IL 60137 FAX (630) 942-2151 EMAIL:
Understanding Your Federal Direct PLUS Loan Award
Please Note: This is a loan that MUST be paid back.
2020-2021 Federal Direct PLUS Loan Request Form 04/20/20
The amount of Federal Direct PLUS Loan you can borrow is dependent
upon your dependent student’s cost of attendance and other financial aid
awards. You may borrow up to your dependent student’s total cost of
attendance minus any financial assistance including, but not limited to state
and federal grants, Direct loans, private loans, scholarships, federal work
study and/or tuition waivers.
The Office of Student Financial Assistance has the responsibility to lower
the amount of loan requested if the office determines you are not eligible for
the requested amount.
Please see our website for Cost of Attendance information. Go to
and click on “Costs, Scholarships & Aid” and then “Cost of Attendance”.
Program Description
Federal Direct PLUS loans allow parents to borrow on behalf of their
dependent child to help pay educational expenses. Unlike Federal Direct
Loans, there is a credit check for parents. If the parent does not pass the
credit check, he/she may still be able to borrow if he/she can demonstrate
extenuating circumstances, or if he/she knows someone who agrees to co-
sign the loan and promises to repay the loan if the parent cannot. If the
parent is still unable to borrow a PLUS loan, their dependent child may be
eligible to borrow up to an additional $4,000 in a Federal Direct
Unsubsidized Loan. This is not an automatic process. The parent must still
go through the application process and the student must then request the
additional unsubsidized funds by completing the Federal Direct Loan
Change Form if the application is denied.
How to Apply
Complete “Request a Direct PLUS Loan” at
Complete a PLUS Master Promissory Note at
If required due to a reconsideration or endorser, the Parent will have to
complete PLUS loan counseling at
. Department of
Education will notify the Parent borrower if this is required.
Complete the College of DuPage Federal Direct PLUS Loan Request
Form providing the requested loan amount.
There is an origination fee subtracted from the loan proceeds before each
disbursement (loans are disbursed in two equal disbursements per term).
This percentage is set by the Department of Education and may change
during the academic year. Because of the fees, the total amount disbursed
will always be less than the amount borrowed. This fee is paid directly to
the Federal Government.
Eligibility Criteria
Be a U.S. citizen, national or eligible non-citizen.
Not in default on prior educational loans.
Not owe a refund on a federal educational grant.
Parent specific:
Must not have an adverse credit history (A credit check is performed).
Must be the biological or adoptive parent or the spouse of a remarried
parent (if that parent’s information was reported on the FAFSA).
Must not be incarcerated
Must not have a federal judgment lien on your property
Must not owe a balance on any Title IV funding obtained fraudulently
Student specific:
Complete the 2020-2021 Free Application for Federal Student Aid
(FAFSA) with College of DuPage included under schools.
Must have a High School Diploma or GED.
Must be pursuing a
U.S Department of Education approved
Must be actively participating in and attending at least 6 credit hours at
the time of the loan disbursement for each term of the loan.
Must maintain Satisfactory Academic Progress.
The Office of Student Financial Assistance will certify your PLUS loan
request once the Office of Student Financial Assistance has received all
required paperwork.
Repayment Terms
Repayment begins within 60 days after the funds are fully disbursed, unless
you request a deferment. This means you will be paying back the loan while
your dependent student is still in school. Unlike Federal Direct Loans,
PLUS loans do not have a grace period.
Interest Rate
Federal Direct PLUS Loans have a variable-fixed interest rate. Please view
your Notice of Disclosure or go to
and search for Interest
Rates for the current rate.
Loan Status
Your loan paperwork and repayment options can be viewed at
FOR OFFICE USE ONLY: NLSDS Default/Overpayment? Y N MPN completed? Y N
Credit Check: Approved/Denied Endorser? Y N PLUS Counseling Completed: Y N
Citizenship Confirmed? Y N Proof of Citizenship Provided:
CRI Updated AIDE Updated Database Updated
Form Entered by FA Rep: Date: