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  • Parent Plus Student Enrollment Deferment Form - Great Lakes

Get Parent Plus Student Enrollment Deferment Form - Great Lakes

PARENT PLUS BORROWER DEFERMENT REQUEST OMB No. 18450011 Form Approved Exp. Date 7/31/2015 William D. Ford Federal Direct Loan (Direct Loan) Program/Federal Family Education Loan (FFEL) Program PLUS.

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How to fill out the Parent PLUS Student Enrollment Deferment Form - Great Lakes online

Filling out the Parent PLUS Student Enrollment Deferment Form can be a straightforward process with the right guidance. This step-by-step guide will help you understand each section of the form and provide clear instructions for completing it online.

Follow the steps to successfully submit your deferment request.

  1. Press the ‘Get Form’ button to obtain the Parent PLUS Student Enrollment Deferment Form and open it in an appropriate editor.
  2. Begin with Section 1: Borrower identification. Enter your Social Security Number, full name, address, city, state, zip code, and primary and alternate telephone numbers. If any of this information has changed, check the provided box.
  3. Proceed to Section 2: Deferment request. Indicate whether you meet the eligibility requirements to request a deferment for your loan by checking the appropriate boxes based on the enrollment status of the student.
  4. In Section 3: Borrower understandings, certifications, and authorization, certify your understanding of the terms. Check the box to confirm your wish to make interest payments on your unsubsidized loans if you choose to do so.
  5. Complete Section 4: Authorized official's certification. If you are not filling this part out yourself, ensure that an authorized official from the student’s institution provides the necessary information.
  6. Follow the instructions in Section 5 on how to format your entries and submit any required documentation. Make sure your form is filled out with dark ink and that dates are entered in the specified format.
  7. Review Sections 6 and 7 for definitions and eligibility requirements to ensure you have selected the correct deferment options based on the student's situation.
  8. Submit the completed form along with any required documentation to the address provided in Section 8. If there is no address listed, send it back to your loan holder.

Ensure you complete your Parent PLUS Student Enrollment Deferment Form online today to manage your loan payments effectively!

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Request a Deferment Most deferments are not automatic you need to submit a request to your student loan servicer, often on a form. Also, for most deferments, you must provide your student loan servicer with documentation to show that you meet the eligibility requirements for the deferment.

If a parent borrower is delinquent in repaying the Parent PLUS loan or defaults on the Parent PLUS loan, it affects only the parent's credit history. The student's credit history is not affected.

Federal parent PLUS loans can never be transferred to the student. If you borrow a parent loan for your child's education, you're the only one legally responsible to repay the debt. ... Refinance the parent PLUS loan into a private loan in your child's name once they can meet the qualifications.

To defer student loans, you must meet specific eligibility criteria and have deferment time available. You can defer federal student loans only for so long in most cases, the maximum is three years total.

There are two main ways to get parent PLUS loan forgiveness: through the Public Service Loan Forgiveness program and through the Income-Contingent Repayment plan. Public Service Loan Forgiveness involves a lot of red tape but is the better option if you qualify.

Note: Parent borrowers can become eligible for an additional repayment plan the Income-Contingent Repayment Plan by consolidating their parent PLUS loans into a Direct Consolidation Loan.

Request a Deferment Most deferments are not automatic you need to submit a request to your student loan servicer, often on a form. Also, for most deferments, you must provide your student loan servicer with documentation to show that you meet the eligibility requirements for the deferment.

Log in to your account and click Postpone My Payment to apply for deferment or forbearance. You can also call us at 888.486. 4722. Calculate accrued interest while in deferment or forbearance. (To avoid capitalization, you may choose to pay accruing interest or even small payments toward the balance.)

But there's a way to get around this: refinancing parent PLUS loans in your child's name. To refinance parent PLUS loans, your child must apply and be approved for the loan through a private student loan lender. They would have to supply information about their credit score, school and degree.

Parent PLUS loans are eligible for the same student loan deferments as other federal loans. ... Parent PLUS loans are also eligible for forbearance. You always pay the interest that accrues on PLUS loans during deferment or forbearance.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232