Request for Additional Direct Unsubsidized Loan

Dependent Student Request for Additional Direct Unsubsidized Loan As a Result of Parent’s Inability to Borrow PLUS Due to Adverse Credit History

Dependent students whose parent(s) are unable to borrow PLUS Loans due to adverse credit or other exceptional circumstances may be considered for additional unsubsidized Stafford Loan funds in the same amount as an independent undergraduate student.

Do not submit this form until after your parent(s) has been declined a Direct PLUS Loan as a result of completing the PLUS request at StudentLoans.gov.

My parent was declined a Direct PLUS Loan for the current academic period of enrollment (ie. Summer 2015, Fall 2014-Spring 2015, etc). Please consider my request for an additional unsubsidized loan.  I understand I must meet all federal eligibility guidelines.  I understand I cannot receive federal student loans in excess of the published loan limits, both annual and lifetime, based on my career and grade level.  I also understand my obligation to repay my student loans.

For confidentiality reasons, we will only correspond with you at your official UofL e-mail address.
I am requesting consideration for Additional Unsubsidized Loan for the following academic period of enrollment:

*To apply for summer 2015, your summer registration must be finalized. By submitting this request, you are confirming your summer registration is complete. In addition, your parent must have submitted a PLUS Loan Request at StudentLoans.gov for the 2014-2015 award year with a loan period of 05/2015- 08/2015. Your request for additional unsubsidized loan funds will be reviewed once your eligibility for other federal financial aid has been evaluated for the summer term. Please familiarize yourself with UofL’ s summer application procedures and other important information at www.louisville.edu/financialaid.

**To apply for the 2014-2015 academic year, you must have a complete federal student aid file. In addition, your parent must have submitted a PLUS Loan Request at StudentLoans.gov for the 2014- 2015 award year with a loan period of 08/2014-05/2015.

To allow adequate processing time, this request should be submitted at least 10 days prior to the end of loan period being requested. Additional unsubsidized funds cannot be processed for an academic period of enrollment if it is past the end of the loan period.

I agree that ALL of the following statements are true:
Check each to confirm
Parent Submitting Form
By completing this form, I certify that all of the above information is complete and correct. I understand that if I purposely give false or misleading information on this form I may be fined $20,000, sent to prison, or both.
I understand the UofL Student Financial Aid Office will verify a declined Direct PLUS Loan credit decision for the current academic period has been received for the parent(s) listed on this form. If the declined credit decision cannot be verified, this form will be discarded.