OFFICE OF FINANCIAL AID Shuster Hall, Room 136 250 Bedford Park Blvd., West Bronx, Ny 10468 Phone: 718-960-8545 Fax: 718-960-8328 www.lehman.edu/Financial-Aid Application for Federal Direct Parent Loan for Undergraduate Students (FPLUS) 2020-21 Under the Federal Direct Loan Program, your lender is the United States Government. You MUST complete a Master Promissory Note (MPN) before your loan can be disbursed. You may complete an electronic Master Promissory Note, using your FSA user id and password, at https://studentaid.gov/. If you wish to complete a paper MPN, you may print one out at https://studentaid.gov/. and mail it in. Please be advised that that paper process will delay receipt of the loan funds requested. If you qualify for a Direct Loan, the excess funds will be disbursed to you in a check mailed to the address you provide on the application, or to your child if you so designate below. The Interest rate on the FPLUS loan is currently fixed at 7.60% (subject to change). Repayment of this loan begins within 60 days of disbursement. Please refer to https://studentaid.ed.gov/sa/types/loans/plus for more information on FPLUS loans. Student Information: Name SS# XXX-XX- (last 4 digits only) Empl ID Date of Birth / / Address City State Zip Code Student’s Signature _ Date Parent Borrower Information: Name SS# Empl ID_ Address Citizenship Status: U.S. Citizen: (_) Native (_) Naturalized _ City State Zip Code Please be advised that the student for whom you are borrowing must meet all federal loan eligibility requirements in order to apply/receive loan funds. Requested Loan Amounts: Summer $ _ .00 Fall/Spring $ _ .00 *Loans will be processed for the full academic year (half inFall/half in Spring) unless otherwise indicated Intake Counselor’s Signature: Permanent Resident: Alien Reg. # A *Country of Birth Biographical Information: D.O.B. / / Gender ( ) Male ( ) Female Marital Status ( ) Single ( ) Married Contact Information: Email Address Home Phone: ( ) -_ Cell Phone ( )-_ _ _ Certifications: I am the legal parent or step-parent of the student for whom I am borrowing. I request any excess funds from this loan to be disbursed to me OR to my child _ . I certify that NEITHER I nor my child for whom I am requesting this loan are in default of any Federal Student Loan, nor do we owe a repayment of any Federal Title IV grant. I understand that this is a request form. In order to receive funds from this loan I must complete and sign a promissory note, either electronically or on paper. My signature below authorizes Lehman College to deduct from these loan funds any outstanding balance owed to the college on my child’s behalf. _ Signature of Parent Borrower Date