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					                                                           Morgan State University
                                                                Office of Financial Aid- Loan Office
                                                                 Montebello Complex, Rm. C-201
                                                                    1700 East Cold Spring Lane
                                                                    Baltimore, Maryland 21251
                                                                       PHONE 443.885.3637
                                                                         FAX 443.885.8359

                                      2010-2011 FEDERAL DIRECT PLUS REQUEST FORM
The Federal Direct PLUS (Parent) program is intended for an Eligible Parent to borrow federal funds on behalf of a son or daughter who is a
dependent undergraduate student. Awarded funds are intended to assist with payment of the student’s educational expenses and are borrowed from
the U.S. Department of Education. The person who is applying to be a Federal Direct PLUS Loan Borrower must complete this form. Information is
required to supplement data on the 2010-2011 Free Application for Federal Student Aid (FAFSA) to originate the loan. This form should be typed or
printed legibly in blue or black ink.

                                                                STUDENT INFORMATION
Name (Last, First)__________________________________________Morgan Student ID______________________
                                                                                  A____________
Expected Graduation Date____________________________
Is the student applying for need-
Please note that if the student applies for financial aid, a parent loan application may not be processed until the student’s aid application has been evaluated.


                                                      PARENT BORROWER INFORMATION
                                                           (to be completed by ONE parent borrower)

    ONLY NATURAL, ADOPTIVE, OR STEPPARENTS ARE ELIGIBLE TO BORROW THROUGH THIS PROGRAM

Your relationship to the student is: (check one)                    Natural parent             Stepparent             Adoptive Parent

           You must attach a legible copy of your Social Security Card to verify your social Security Number
           You must attach a legible copy of your Driver’s License, or State Issued ID

Last Name _______________________________________ First Name ______________________________
Social Security Number____________________________ Email____________________________________
Date of Birth ________________ Driver’s License #_____________________ State of License_____
Home Address ______________________________________________________________________
Telephone (Home)__________________________________Telephone (Work) __________________________
                                                             ; Alien registration number: A____________

Total Amount Requested: $________________ (use whole dollars)
Please note that the maximum amount that you may apply for is the full cost of education, less any financial aid received, including other educational borrowing by you
or the student. Remember to account for the origination fee in your requested amount. For any PLUS Loan, there is currently a 4% origination fee that is deducted
proportionally from each loan disbursement. Direct Loans currently offer a 1.5% up-front rebate on this origination fee, so your fee at disbursement is 2.5%. If you
fail to make 12 on-time monthly payments upon repayment, you lose this rebate. To include the fee in your requested loan amount, divide the desired net amount by
.975. For example, to net $10,000 to the bill, divide by .975 for a total loan request of $10,256.

Loan Pe                                               -2011 (Loan will be disbursed in two equal payments, half for each semester)
                           2010 only
                                  only

Certification
     1.     I am the natural parent, adoptive parent or stepparent of the student named above.
     2.    I have read and understand the Borrower Rights and Responsibilities for the Federal Direct PLUS Loans
     3.    I wish to apply for a Federal Direct PLUS Loan and authorize the U.S. Department of Education to investigate my credit record and certify my credit
           worthiness. I also authorize Morgan State University to perform a credit check through the U.S. Department of Education.
     4.    I understand that the Federal Direct PLUS Loan is a federal loan that I must repay and that repayment begins within 60 days of the final disbursement of
           this loan.
     5.    I understand that I must attach documentation of my eligible non-citizen status if I am not a U.S. citizen or naturalized citizen.
     6.    I understand that I must attach a copy of my social security card and documentation of my date of birth.
     7.    I understand that should my request, as a PARENT, for the Federal Direct PLUS (Parent) Loan be denied, the undergraduate student may be eligible to
           borrow a Federal Direct Unsubsidized Loan.


Parent Borrower’s Signature_____________________________ Date______________________________

Student’s Signature____________________________________ Date______________________________
                          Please return this Request Form to Morgan State Financial Aid Office at the contact information above.
                        FEDERAL DIRECT PLUS LOAN APPLICATION INSTRUCTIONS
                                             2010- 2011

We encourage you to submit your Federal Direct PLUS Request form at least two weeks before the bill is due in order for
the loan credit to be available toward the payment required. Please note that if you are applying for financial aid, you
should not submit your loan request form until you have received a financial aid decision and can determine how much
you will need to borrow.

     1. Parent submits a 2010-2011 Federal Direct PLUS Loan Request form
        to the Financial Aid Office. A valid Free Application for Federal Student Aid (FAFSA)
        (http://www.fafsa.ed.gov/) must be on file prior to certification of a PLUS loan.

     2. The Financial Aid Office will submit the information provided on the PLUS Loan Request form to the U.S.
        Department of Education for approval.

     3. Parent completes the Master Promissory Note electronically at http://www:dlenote.ed.gov (select “Complete
        New MPN for Parent PLUS Loans.”) The borrower information must match the information that was submitted
        on the PLUS Loan Request form. The borrower signs the promissory note online, using the federal Parent PIN
        (same PIN the parent uses for the FAFSA). (Register for a Department of Education Parent PIN at
        http://www.pin.ed.gov/ if you do not already have one. The Parent PIN is not the same as the Student PIN.
        Please keep your Department of Education PIN in a safe place, as you may need to use it in future years.) The
        PLUS MPN is valid and may be used to process subsequent Federal Direct PLUS Loans for up to 10 years after
        the original PLUS MPN is signed.

     4. Morgan State must receive an approval notice from the U.S. Department of Education before credit for a
        pending PLUS loan can be applied to the student’s account.

                                                        *****

Additional Information and Resources:

Web Sites for Borrowers:
Direct Loans – Students: http://www.direct.ed.gov/student.html
Direct Loans – Parent: http://www.direct.ed.gov/parent.html
Direct Loan Servicing Center – Borrower Services: http://www.dl.ed.gov
Direct Loan Master Promissory Note: http://www.dlenote.ed.gov
FAFSA: http://www.pin.ed.gov (to register for a Department of Education Parent PIN)
Federal Student Aid Information: http://www.studentaid.ed.gov
Direct Loan Consolidation Center: http://www.loanconsolidation.ed.gov

Call Centers for Borrowers:
Direct Loan Servicing Center – Borrower Services: 800-848-0979
Direct Loan Origination Center: 800-557-7394 (to appeal denial of PLUS loan)
Direct Loan Consolidation Center: 800-557-7392

Morgan State University:
Financial Aid Office: http://www.morgan.edu/Financial_Aid.html, finaid@morgan.edu, 443-885-3170
Bursar’s Office: http://www.morgan.edu/Bursars_Office.html, bursar@morgan.edu, 443-885-3108
07/06/09

				
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