Loan Adjustment Request (Undergraduate Students)

Loan Adjustment Request (Undergraduate Students)
2014/2015
Loan Adjustment Request - Undergraduate
_________________________________________________
Student’s Name (Please Print)
___________________________________
BU ID or Social Security Number
_________________________________________________
Phone Number
___________________________________________
Email Address
Check Loan Type Below: (If requesting an adjustment to more than one loan, complete a separate form for each loan.)
 Federal Subsidized Stafford Loan
 Federal Unsubsidized Stafford Loan
•
All Federal Stafford Loan disbursements must be split evenly between the fall and spring semesters.
•
Federal Stafford Loan limits are set by the U.S. Department of Education. Please review loan limit information at
http://www.bu.edu/finaid/loans/student/stafford_terms.html before requesting an increase.
 Federal PLUS Loan
•
All Federal PLUS Loan disbursements must be split evenly between the fall and spring semesters or applied
entirely to one semester.
•
This form can not be used to increase a PLUS Loan. To request additional 2014/2015 PLUS Loan funds, the parent
borrower must apply for a separate loan by submitting a new Federal PLUS Loan Request Form for the additional
amount.
 Other: ______________________________________
•
This form can not be used to increase a private education loan. If you would like to request additional private loan
funding, you must apply for a separate loan. (Exception: We may be able to increase your existing loan if it has
been credit approved for more than the current amount and has not yet disbursed.)
Please Note for All Loans:
•
If you request an adjustment after the disbursement of the fall semester portion has been received, we reserve the
right to make the entire requested adjustment to the spring semester disbursement.
•
We may not be able to comply with your request due to federal regulations, University or lender policies or other
reasons.
Adjustment Requested:
 Please cancel the full amount of my loan: $_____________
 Please apply $____________, which is the full amount of my loan to the (Circle One) Fall Semester / Spring Semester.
 Other:
Current Loan Amount (Fall/Spring): $______________ / $______________
Requested Loan Amount (Fall/Spring): $______________ / $______________
Additional Requests or Comments: ____________________________________________________________________
___________________________________________________________________________________________________
_____________________________________
Name of Loan Borrower (Please Print)
loanadj15/ofaws
__________________________________
Signature of Loan Borrower
__________
Date
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