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PARENT PLUS BORROWER DEFERMENT REQUEST Federal Family Education Loan Program PLUS Use this form if you are a parent borrower with a Federal PLUS Loan that was first disbursed on or after July 1, 2008,
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How to fill out parent plus borrower deferment

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How to Fill out Parent Plus Borrower Deferment:

01
Obtain the Parent PLUS Borrower Deferment form from your loan servicer or their website.
02
Fill out the personal information section, providing your name, SSN, address, and contact details.
03
Indicate the date when the deferment is requested to begin and end.
04
Specify the reason for the deferment, such as economic hardship, unemployment, or enrollment in school.
05
If necessary, provide supporting documentation to validate the reason for deferment.
06
Sign and date the form before submitting it to your loan servicer.

Who Needs Parent Plus Borrower Deferment:

01
Parents who have taken out a Parent PLUS loan to finance their child's education may need a deferment if they experience financial hardship.
02
Parents who are unemployed or unable to find suitable employment may be eligible for a deferment.
03
Parents who have returned to school at least half-time may qualify for a deferment while pursuing their education.
04
Individuals facing economic difficulties due to circumstances beyond their control, such as a major illness or natural disaster, may also be eligible for deferment.
05
It is important to check with your loan servicer to determine if you meet the specific eligibility criteria for a Parent PLUS Borrower Deferment.
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Parent plus borrower deferment is a period of time during which the borrower is not required to make payments on their Parent PLUS loan.
The borrower of a Parent PLUS loan is required to file for deferment if they meet the eligibility requirements.
To fill out the Parent PLUS borrower deferment form, the borrower must provide information about their financial situation and reason for requesting deferment.
The purpose of Parent PLUS borrower deferment is to provide relief to borrowers who are experiencing financial hardship and are unable to make payments on their loan.
The borrower must report their income, expenses, and any other relevant financial information on the deferment form.
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