2023-2024 PLUS Loan Authorization Form


This form is intended to be completed after a FAFSA has been submitted for the student and you (the parent) have completed steps 1 and 2 listed at our PLUS Loan website. If you have not yet completed a FAFSA for the student, please do so as soon as possible. If you have not completed steps 1 and 2, please be sure to do so once you have completed this form.


Student Name:  ,

Student ID #: Student Email Address:   


Please only include information for the parent listed on the PLUS Application.

Parent Name:  ,

Address:  Phone #:   


Email:  Last 4 Digits of SSN:   


I request that Gordon College process a Federal Direct PLUS Loan for the 2023-2024 academic year. Please note that students must be enrolled at least half-time. This loan is intended to cover the following period:.


Please note that a 4.228% Origination Fee is deducted from your requested loan amount by the government at the time of disbursement. For example, if you need $10,000 disbursed to the school, you would need to request $10,442 in order to cover the fee.

To calculate the Gross amount inclusive of the 4.228% fee, use this formula: NET amount divided by 0.95772

NET Disbursement to School:    this is the amount you want the school to receive

GROSS Loan amount to request:    this is the amount you want the school to receive, PLUS the fee

I understand that repayment on this loan will begin 60 days after the last disbursement UNLESS I request a deferment from the Department of Education. A deferment can be requested on the Federal Student Loans website. Borrowers who wish to increase the requested loan amount must notify the Student Financial Services Office.


Leave this empty:

Signature arrow sign here

Signature Certificate
Document name: 2023-2024 PLUS Loan Authorization Form
lock iconUnique Document ID: e20af8b6101a0a1bfb47769a1d55341db6e06e5b
Timestamp Audit
June 15, 2023 9:12 am EST2023-2024 PLUS Loan Authorization Form Uploaded by Gordon SFS - [email protected] IP