Get the free Parent PLUS Loan Refund Request Form - Franklin Pierce University - franklinpierce
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Parent PLUS Loan Refund Request. FAX: 603-899-4372 E-mail: offs franklinpierce.edu mail: offs franklinpierce.edu. Student Name: Student Name: Student ...
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How to fill out parent plus loan refund
How to fill out parent plus loan refund:
01
Obtain the necessary forms: Start by downloading or requesting the appropriate forms for the parent plus loan refund from the loan servicer or lender. These forms can usually be found on their website or by contacting their customer service.
02
Gather required documentation: Gather all the required documentation needed to support your refund request. This documentation may include proof of payments, loan statements, and any other relevant financial records.
03
Complete the forms accurately: Carefully read and complete the forms, ensuring that all the information provided is accurate and up to date. Double-check that you have filled out all the required fields and include any supporting documentation as requested.
04
Review and submit: Review the completed forms to ensure that there are no errors or missing information. Once you are confident that everything is accurate, sign and date the forms. Make a copy for your records and submit the original forms to the loan servicer or lender via mail or online submission, following their specific instructions.
Who needs parent plus loan refund:
01
Parents who have taken out a Parent PLUS loan: Parent PLUS loans are federal loans that parents can take out to help finance their child's education. If a parent has taken out a Parent PLUS loan and has made more payments than necessary or has overpaid the loan amount, they may be eligible for a refund.
02
Borrowers who have paid off their Parent PLUS loan: If a parent has successfully paid off their Parent PLUS loan but later discovers that they have overpaid or made an error in their payments, they may need to apply for a refund.
03
Parents who have experienced loan cancellation or discharge: In certain situations, such as the death or permanent disability of the parent borrower, the Parent PLUS loan may be eligible for cancellation or discharge. In such cases, the borrower may be entitled to a refund for any overpayment made.
It is important to note that the specific eligibility criteria for a parent plus loan refund may vary depending on the loan servicer or lender and the individual circumstances. It is recommended to consult the loan servicer or lender or review the loan agreement for detailed information on the refund process and eligibility requirements.
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What is parent plus loan refund?
Parent PLUS loan refund is when a parent borrower or student borrower receives excess funds after the loan has been disbursed to the school.
Who is required to file parent plus loan refund?
The parent borrower or student borrower who receives the excess funds from a Parent PLUS loan is required to file for a refund.
How to fill out parent plus loan refund?
To fill out a Parent PLUS loan refund, the borrower must contact their loan servicer and request information on how to return the excess funds.
What is the purpose of parent plus loan refund?
The purpose of a Parent PLUS loan refund is to ensure that borrowers only receive the amount of loan funds necessary for educational expenses.
What information must be reported on parent plus loan refund?
The borrower must report the amount of excess funds received, the reason for the refund, and any other requested information by the loan servicer.
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