Get the free Unsubsidized Stafford Loan by Exception Request Form - pdx

This document is a request form for dependent students at Portland State University to apply for an Unsubsidized Stafford Loan by exception due to exceptional circumstances affecting their parents’

How to fill out unsubsidized stafford loan by

How to fill out Unsubsidized Stafford Loan by Exception Request Form

1. Obtain the Unsubsidized Stafford Loan by Exception Request Form from your school's financial aid office or website.
2. Read the instructions carefully to understand the eligibility requirements and documentation needed.
3. Fill out your personal information, including your name, student ID, and contact information at the top of the form.
4. Provide details about your current enrollment status, including your degree program and credit hours enrolled.
5. Complete the section detailing your financial situation and why you are requesting the unsubsidized loan.
6. Attach any required documentation, such as proof of income or extenuating circumstances.
7. Review the completed form for accuracy and completeness before submission.
8. Submit the form to your financial aid office by the specified deadline, either in person or electronically if allowed.

Who needs Unsubsidized Stafford Loan by Exception Request Form?

1. Students who have exhausted their subsidized loan limits and still need additional financial aid to cover education costs.
2. Undergraduate and graduate students enrolled at least half-time in an eligible program.
3. Students who demonstrate exceptional financial need as determined by the financial aid office.

People Also Ask about

Are Stafford loans good or bad?

A subsidized Stafford loan is always better than an unsubsidized Stafford loan, but as a graduate student you only qualify for the unsubsidized version, which has an interest rate of 6.8%. You start paying back a Stafford loan 6 months after you leave school (whether graduated or not).

Why does my FAFSA say I'm applying for an unsubsidized loan only?

Are the student's parents unwilling to provide their information, but the student doesn't have an unusual circumstance that prevents them from contacting or obtaining their parents' information?

What does an unsubsidized Stafford Loan mean?

Stafford loans are a type of federal student loan that are either subsidized, meaning the government pays the interest while you're in school, or unsubsidized, meaning you pay all the interest. Stafford loans are a type of loan issued under the Federal Family Education Loan Program (FFELP).

Will stafford student loans be forgiven?

If you have a Direct Consolidation Loan or a Federal Consolidation Loan, you may be eligible for forgiveness of the outstanding portion of the consolidation loan that repaid an eligible Direct Subsidized Loan, Direct Unsubsidized Loan, Subsidized Federal Stafford Loan, or Unsubsidized Federal Stafford Loan.

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What is Unsubsidized Stafford Loan by Exception Request Form?

The Unsubsidized Stafford Loan by Exception Request Form is a document used by students to request an Unsubsidized Stafford Loan when they do not meet the standard eligibility criteria due to specific circumstances.

Who is required to file Unsubsidized Stafford Loan by Exception Request Form?

Students who do not qualify for standard Unsubsidized Stafford Loans due to unique situations or who have exhausted their eligibility for subsidized loans are required to file this form.

How to fill out Unsubsidized Stafford Loan by Exception Request Form?

To fill out the Unsubsidized Stafford Loan by Exception Request Form, applicants must complete all required personal information, provide reasons for the exception, attach necessary documentation, and submit it to the financial aid office of their institution.

What is the purpose of Unsubsidized Stafford Loan by Exception Request Form?

The purpose of the form is to allow students who face unique circumstances to appeal for an Unsubsidized Stafford Loan despite not meeting standard eligibility criteria.

What information must be reported on Unsubsidized Stafford Loan by Exception Request Form?

The form typically requires personal information such as the student's name, Social Security number, school information, the reason for the loan exception, and any supporting documentation to justify the request.