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Request for Additional Unsubsidized Stafford Loan

Dependent Student Request for Additional Unsubsidized Stafford 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. Fall 2013-Spring 2014, Summer 2014, etc). Please consider my request for an additional unsubsidized Stafford 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.

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For confidentiality reasons, we will only correspond with you at your official UofL e-mail address.

*To apply for the 2013-2014 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 2013-2014 award year with a loan period of 08/2013-05/2014.

**To apply for summer 2014, 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 2013-2014 award year with a loan period of 05/2014- 08/2014. Your request for additional unsubsidized Stafford 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 allow adequate processing time, this request should be submitted at least 10 days prior to the end of loan period being requested. Additional unsubsidized Stafford funds cannot be processed for an academic period of enrollment if it is past the end of the loan period.

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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.

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FAFSA Code: 001999

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FAFSA School Code: 001999

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