2017-2018PLUS Loan Confirmation Form

Parent Information

Name:______SSN:______

Date of Birth: ______US Citizen: YES NO (Circle one)

Address: ______

City______ST______Zip______

Phone Number: ______E-mail:______

Student Information

Name:______ID:______

Home/Cell Phone:______E-mail:______

Please indicate the amount you wish to borrow and the loan period. This amount may be reduced based on eligibility.

Loan Amount: $______

A dollar amount is required, amounts that have MAX or are blank will not be accepted.

Loan Period:

Fall2017/Spring2018 Fall2017 only Spring2018only Summer 2018only

Parent’s Signature:______Date: ______

Incomplete applications will be returned and may delay processing.

What Happens Next?

  1. Complete a promissory note on-line at (Sign it with your FSA ID.)
  2. Return this form to the Financial Aid Office for processing. Be sure to make a copy for your records before submission!
  3. Youwill receive a new award letter from the Financial Aid Office, which will be sent when your loan has been certified by SRC.
  4. Students must meet Standards of Academic Progress to remain eligible for ALL types of financial aid.

Helpful Hints

  • Apply early for financial aid so your loan request can be processed promptly.
  • Make copies of all loan related documents you submit or receive, and keep it all in one file.
  • Put your student’s name and ID on ALL documents submitted to the Financial Aid Office
  • NEVER borrow more than is absolutely necessary. Take time now to make the right decision.
  • Respond promptly to all information requests from the Financial Aid Office.
  • Keep your address and phone number current with the SRC Records Office, as well as with the Direct Loan Servicing Center. You may contact the Direct Loan Servicing Center by calling (888)447-4460.

WIU Linkages Refund Release Form

This page should only be completed by parents borrowing for students in the WIU Linkages program. Student enrolled only at SRC do not need this form completed. Releases submitted for students not in the Linkages program will not be retained.

I, ______, as a parent PLUS loan borrower of a student participant in the WIU Linkages program,

Print Name

authorize Spoon River College to remit any refund payments from the proceeds of my PLUS loan to Western Illinois University (WIU) to be applied to my student’s outstanding balance at that institution. After my student’s account at WIU has been paid in full, I understand that any remaining funds will be issued to my student as a refund from WIU.

This authorization will remain in effect throughout the duration of my student’s participation in the Linkages program. I may rescind this release at any time by notifying the SRC Student Accounts office, in writing, that my student is no longer participating in the Linkages program and wish to stop my PLUS Loan refunds from being remitted to WIU. Changes in authorization may take up to three business days to process.

______

Student Name (required)SRC ID # (required)

______

Parent Signature (required for PLUS Loans) Date