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Ineligible Parent PLUS Borrower Form 2013-2014 Revised: 1/30/13 If you are unable to complete a Parent PLUS Loan Application due to one of the reasons listed below, your undergraduate dependent student

How to fill out ineligible plus borrower form

How to Fill Out the Ineligible PLUS Borrower Form:

1. Start by obtaining the Ineligible PLUS Borrower Form from the appropriate financial aid office or lender.
2. Carefully read and understand all instructions provided on the form. Familiarize yourself with the eligibility criteria and any specific requirements.
3. Begin by providing your personal information, including your full name, Social Security number, and contact details as requested on the form.
4. Indicate your relationship to the student by selecting the appropriate option (e.g., parent, step-parent, legal guardian) and provide the student's name and ID number.
5. If applicable, provide information about the school the student is attending, including the college or university name and the academic year or semester.
6. Disclose the reason for your ineligibility as a PLUS borrower. This may involve indicating the reason as a credit denial, bankruptcy discharge, or other specified circumstances.
7. Attach supporting documentation if required. This may include bankruptcy discharge papers, lawyer letters, or any other relevant documentation mentioned on the form.
8. Review the completed form to ensure all provided information is accurate and complete. Double-check for any errors or missing information.
9. Sign and date the form to certify that the information provided is true and accurate to the best of your knowledge.
10. Submit the completed form and any accompanying documentation to the designated financial aid office or lender.

Who Needs the Ineligible PLUS Borrower Form:

1. Parents or guardians who have been denied a PLUS loan due to credit reasons may need to complete the Ineligible PLUS Borrower Form.
2. Individuals who have previously filed for bankruptcy and are thus ineligible for a PLUS loan may also need to submit this form.
3. Those who have other specific circumstances that make them ineligible as a PLUS borrower, as outlined in the form's instructions, may be required to fill out this form.

Remember, it's crucial to check with the relevant financial aid office or lender to confirm if the Ineligible PLUS Borrower Form is mandatory in your particular situation.

For pdfFiller’s FAQs

What is ineligible plus borrower form?

The ineligible plus borrower form is a form used to report borrowers who do not meet the eligibility criteria for a PLUS loan.

Who is required to file ineligible plus borrower form?

The school's financial aid office is required to file the ineligible plus borrower form.

How to fill out ineligible plus borrower form?

The ineligible plus borrower form can be filled out online or submitted manually with the required information about the borrower.

What is the purpose of ineligible plus borrower form?

The purpose of the ineligible plus borrower form is to document and report borrowers who are not eligible for a PLUS loan.

What information must be reported on ineligible plus borrower form?

The form requires information such as borrower's name, SSN, reason for ineligibility, and any other relevant details.

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