Maryland Parental Guarantee Agreement

State:
Maryland
Control #:
MD-SKU-1508
Format:
PDF
Instant download
This website is not affiliated with any governmental entity
Public form

Description

Parental Guarantee Agreement The Maryland Parental Guarantee Agreement is a legally binding document that allows a parent, guardian, or other responsible adult to guarantee a loan for a student who is attending an eligible post-secondary educational institution in the state of Maryland. There are two types of Maryland Parental Guarantee Agreements — the Maryland Parental Guarantee Program (PGP) and the Maryland Parent Loan (MPL). The PGP allows a parent or guardian to guarantee loans issued by the Maryland Higher Education Commission (MHC). The MPL is a loan program offered by the MHC that allows parents or guardians to borrow on behalf of their dependent student to cover educational expenses. Both types of agreements require the parent or guardian to make regular payments on the loan and to remain responsible for repayment if the student fails to pay.

The Maryland Parental Guarantee Agreement is a legally binding document that allows a parent, guardian, or other responsible adult to guarantee a loan for a student who is attending an eligible post-secondary educational institution in the state of Maryland. There are two types of Maryland Parental Guarantee Agreements — the Maryland Parental Guarantee Program (PGP) and the Maryland Parent Loan (MPL). The PGP allows a parent or guardian to guarantee loans issued by the Maryland Higher Education Commission (MHC). The MPL is a loan program offered by the MHC that allows parents or guardians to borrow on behalf of their dependent student to cover educational expenses. Both types of agreements require the parent or guardian to make regular payments on the loan and to remain responsible for repayment if the student fails to pay.

How to fill out Maryland Parental Guarantee Agreement?

US Legal Forms is the most simple and profitable way to locate suitable formal templates. It’s the most extensive online library of business and personal legal documentation drafted and checked by lawyers. Here, you can find printable and fillable blanks that comply with federal and local regulations - just like your Maryland Parental Guarantee Agreement.

Getting your template takes only a few simple steps. Users that already have an account with a valid subscription only need to log in to the web service and download the form on their device. Later, they can find it in their profile in the My Forms tab.

And here’s how you can get a professionally drafted Maryland Parental Guarantee Agreement if you are using US Legal Forms for the first time:

  1. Look at the form description or preview the document to make sure you’ve found the one meeting your demands, or find another one utilizing the search tab above.
  2. Click Buy now when you’re sure of its compatibility with all the requirements, and select the subscription plan you like most.
  3. Register for an account with our service, log in, and purchase your subscription using PayPal or you credit card.
  4. Decide on the preferred file format for your Maryland Parental Guarantee Agreement and save it on your device with the appropriate button.

After you save a template, you can reaccess it anytime - simply find it in your profile, re-download it for printing and manual fill-out or upload it to an online editor to fill it out and sign more efficiently.

Take full advantage of US Legal Forms, your reputable assistant in obtaining the corresponding official documentation. Give it a try!

Trusted and secure by over 3 million people of the world’s leading companies

Maryland Parental Guarantee Agreement