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PARENT PLUS LOAN CREDIT BALANCE AUTHORIZATION

Student Name: Student ID:

PARENT PLUS LOAN CREDIT BALANCE AUTHORIZATION

Federal Regulations require the University to obtain written authorization from parents, in case of the Parent PLUS loan, to authorize how you would like for us to manage a credit balance created on your student’s account by the Parent PLUS Loan funds.

I do authorize

I do not authorize

Beal University to hold any amount of Title IV credit balance that may exist on student’s account to assist my child in meeting additional and future educational expenses. Additional education related expenses (such as tuition, student health insurance, book charges, supply charges, or certification exam fees) are non-contractual expenses that may be billed to student’s account.

I do authorize

I do not authorize

Beal University to return to the lender any credit balance on my account at the end of the loan period or at the end of the payment period in the award year for which the funds are awarded to help reduce loan indebtedness.

I do authorize

I do not authrorize

Beal University to return the amount of such credit balance to my lender to help reduce my loan indebtedness, Should the student withdraw from school and a Title IV credit balance exists on student’s account.

I further understand that I may modify or rescind this authorization at any time.

BY MY SIGNATURE BELOW, I AFFIRM THAT I HAVE READ AND UNDERSTOOD THE ABOVE STATEMENTS

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October 25, 2022 9:48 am EDT

PARENT PLUS LOAN CREDIT BALANCE AUTHORIZATION Uploaded by Robert Looker - administrator@beal.edu IP 71.255.159.238

October 25, 2022 10:54 am EDT

Document owner administrator@beal.edu has handed over this document to fa@beal.edu 2022-10-25 10:54:36 - 71.255.159.238