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PARENT PLUS BORROWER DEFERMENT REQUEST William D. Ford Federal Direct Loan (Direct Loan) Program/Federal Family Education Loan (FEEL) Program PLUS Direct Loan Program borrowers: Use this form only
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How to fill out parent plus borrower deferment
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 borrower information section, providing your name, address, and contact information.
03
Include your loan account number and the names of the student for whom the loan was borrowed.
04
Indicate the type of deferment you are applying for, such as unemployment deferment or economic hardship deferment.
05
Attach any necessary supporting documentation, such as proof of unemployment or income documentation for economic hardship deferment.
06
Sign and date the form, certifying that the information provided is accurate.
07
Mail or electronically submit the completed deferment form to your loan servicer as instructed.
Who needs parent plus borrower deferment:
01
Parent plus borrower deferment is available for parents who have borrowed loans under the parent plus program to finance their child's education.
02
If the borrower is experiencing financial hardship or unemployment, they may be eligible for a deferment to temporarily suspend loan payments.
03
It is important to note that parent plus borrower deferment is not automatic, and the borrower must apply and qualify for the deferment based on their individual circumstances.
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What is parent plus borrower deferment?
Parent plus borrower deferment is a period of time during which payments on a Parent PLUS loan are temporarily postponed.
Who is required to file parent plus borrower deferment?
The borrower of a Parent PLUS loan is required to file for deferment if they meet the eligibility criteria.
How to fill out parent plus borrower deferment?
To fill out a Parent PLUS borrower deferment, the borrower must contact their loan servicer and request the necessary forms.
What is the purpose of parent plus borrower deferment?
The purpose of parent plus borrower deferment is to provide temporary relief for borrowers who are facing financial hardship or other difficulties.
What information must be reported on parent plus borrower deferment?
The borrower must report their income, household size, and any other relevant financial information.
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