Loan Adjustment Request for Federal and Direct Loans

Student Information

First Name

Last Name

Email Address

Student ID

The following chart shows the annual and aggregate limits for subsidized and unsubsidized loans.
Loan Aggregate Limits, How much can I borrow?

Federal Direct PLUS Loans- The maximum PLUS loan amount you can receive is the cost of attendance (determined by the school) minus any other financial aid received.

Please note that an origination fee will be deducted from the gross loan amounts requested below. Subsidized/Unsubsidized loan fee is 1.057% and PLUS / GRAD PLUS loan fee is 4.228%.

INSTRUCTIONS:

Select (+Make Another Adjustment) to request an adjustment for another loan type.

What is your current career?

Undergraduate
Graduate

I would like to

Loan Type

Loan Semester

Fall 2023Spring 2024Summer 2024

Parent Name

Parent Email

Please specify new total loan amount $:

Important: Return of Federal Direct Loan and Federal Direct PLUS Loan funds cannot be made after 120 days from the date of disbursement. Borrowers are responsible for loan fees and interest accrued on any returns of Federal Direct Stafford or PLUS loans made after 120 days from the date of disbursement.

Comments

Certification and Signature

Certification: I certify that the submitted information is true and correct to the best of my knowledge and belief.

If asked by an authorized official, I agree to provide additional proof of the information provided on this form.

I understand that purposely providing false or misleading information on this form may result in reduction or repayment of aid, fines and/or imprisonment in this and/or future years.
I understand that reducing or cancelling a loan may result in a balance due to the university which I will be responsible for paying.

Student's Signature

Date

Parent's Signature

(for Parent Plus Loan Adjustment)

Date

Please contact the One Stop if you have any questions or concerns before submitting this form. umb.edu/onestop

Email the One Stop