Financial Aid

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2014-2015 Federal Direct PLUS Loan Change Request Form

This form should only be used to submit any Federal Direct PLUS Loan Change Requests.
(Note: This form is not a PLUS application and can only be used to change PLUS Loans that have already been approved through the Department of Education. )

When changing the amount of your Federal Direct PLUS Loan, please keep the following in mind:
 
Maximum Annual Loan Limit:
Cost of education less any other financial aid received by the student.
Parents are encouraged to budget their costs for the entire academic year when determining the amount of PLUS loan needed, since the loan is divided equally over the academic period.

Fees:
There is a 4.288 percent loan origination fee.

* Required information
BW Student Information:
BW Student ID#: *
(Your BW Student ID# can be found on your Financial Aid Award Letter.)
BW Student's Last Name: *
BW Student's First Name: *
Parent Federal Direct PLUS Borrower Information:
Parent Borrower's Last Name: *
Parent Borrower's First Name: *
LOAN CHANGE REQUEST (Choose only one option):
1) I wish to REDUCE the entire 2014-2015 Federal Direct PLUS Loan to this amount:
(REDUCTION amount shown above should reflect the TOTAL whole dollar amount that you wish to receive for the current academic year. Enter "0" - without quotes - if this does not apply.)
2) I wish to INCREASE the Federal Direct PLUS Loan ( Please follow the instructions below):  I have applied for the increase on the studentloans.gov site  
Since a Federal Direct PLUS Loan INCREASE must be approved by the Department of Education, please go to http://www.studentloans.gov and "sign in." (This is a Parent loan and credit-based, so the parent borrower's information must be used when signing in.) After signing in, click on "Request a Direct PLUS Loan" and request the additional amount.
3) CANCEL:  Please cancel my entire Federal Direct PLUS loan.  
*****CONFIRMATION OF TOTAL AMOUNT*****
CONFIRMATION of the TOTAL whole dollar amount of Federal Direct PLUS Loan you wish to receive for the 2014-2015 academic year (including any previous PLUS loans for the 2014-2015 academic year) : *
Note: If you do not wish to have a Federal Direct PLUS Loan, please type in "0."
Comments:
PARENT PLUS BORROWER AUTHORIZATION
(This form must only be completed by the parent PLUS borrower, since it is the borrower's loan.)
By electronically signing below, I certify that I am, indeed, the Parent PLUS borrower indicated on this form and that I am requesting the total loan amount indicated above.
Signature (Full Name): *
Date: *  
Email:
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