Get the free 2012-2013 Parent PLUS Loan Certification for Non-Custodial Parent - slu

This document certifies the eligibility of parents to receive proceeds from the Federal PLUS Loan Program for their undergraduate student, confirming their non-custodial status and compliance with

How to fill out 2012-2013 parent plus loan

How to fill out 2012-2013 Parent PLUS Loan Certification for Non-Custodial Parent

1. Obtain the 2012-2013 Parent PLUS Loan Certification form from your child's college or university.
2. Read the instructions on the form carefully to understand what is required.
3. Fill in your personal information including your name, Social Security number, and contact information as a non-custodial parent.
4. Provide your child's information including their name, school ID, and the name of the school they are attending.
5. Indicate the loan amount you wish to certify and ensure it does not exceed the cost of attendance minus other financial aid.
6. Sign and date the certification form indicating your agreement to the terms outlined.
7. Submit the completed form to your child's school, following any specific submission guidelines provided by the institution.

Who needs 2012-2013 Parent PLUS Loan Certification for Non-Custodial Parent?

1. Non-custodial parents who wish to help finance their child's education through a Parent PLUS Loan will need to complete the loan certification.
2. This certification is necessary for the college or university to determine eligibility and process the loan.

People Also Ask about

What is the double loophole for parent PLUS loans?

The Parent PLUS Double Consolidation Loophole offers a unique opportunity to merge your Parent PLUS loans into a single consolidation loan and lower your repayment by 50%. The biggest problem is that this loophole is scheduled to expire on July 1, 2025, but it takes 4 to 6 months to complete.

Is there loan forgiveness for parent PLUS loans?

Forgiveness on Parent PLUS loans is attainable, but it requires thorough understanding of available pathways and eligibility criteria.

Is there a way to get out of a parent PLUS loan?

One way to have your parent PLUS loans forgiven is by enrolling in an Income-Contingent Repayment plan (ICR). Just like other income-driven repayment plans, this plan calculates your monthly payment based on a percentage of your disposable income and allows you to pay off the loan over a longer period of time.

What disqualifies you from a parent PLUS loan?

If you're a parent or graduate student seeking a Direct PLUS Loan, one of the requirements to qualify is that you must not have an adverse credit history. If your application is denied because of an adverse credit history, don't give up. You still have options.

What is the loophole for parent PLUS loans?

Parent PLUS loans are discharged upon the death of the borrower (the parent). Upon your father's passing, you would need to submit a copy of his death certificate to the loan servicer to initiate the discharge process. Contact the loan servicer for guidance and assistance when the time comes.

Do parent PLUS loans get forgiven when a parent dies?

The interest rates on Parent Plus loans aren't terrible but they aren't great, either. Your parents can choose to defer the interest while you're in school but all of that interest will be added to to total debt owed (and on which you'll be paying interest) six months after you leave school.

For pdfFiller’s FAQs

What is 2012-2013 Parent PLUS Loan Certification for Non-Custodial Parent?

The 2012-2013 Parent PLUS Loan Certification for Non-Custodial Parent is a form that allows non-custodial parents to apply for a federally-backed loan to help pay for their child's college expenses. It certifies the loan amount and ensures that the funding is aligned with the educational institution's requirements.

Who is required to file 2012-2013 Parent PLUS Loan Certification for Non-Custodial Parent?

The non-custodial parent of a dependent student who wishes to obtain a Parent PLUS Loan for the 2012-2013 academic year is required to file the certification.

How to fill out 2012-2013 Parent PLUS Loan Certification for Non-Custodial Parent?

To fill out the certification, the non-custodial parent should provide personal information such as name, address, Social Security number, income details, and the requested loan amount. The form may also require signatures and the completion of specific sections as outlined by the educational institution.

What is the purpose of 2012-2013 Parent PLUS Loan Certification for Non-Custodial Parent?

The purpose of the certification is to ensure that the non-custodial parent is eligible to receive the Parent PLUS Loan and that the loan amounts requested are in accordance with the financial aid policies of the college or university.

What information must be reported on 2012-2013 Parent PLUS Loan Certification for Non-Custodial Parent?

The information that must be reported includes the non-custodial parent's personal information, financial information such as income and assets, the amount of the loan requested, and any other documentation required by the educational institution.