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PLUS Loans are not based on financial need. To be eligible
for the loan, parents must not have an "adverse" credit
history as defined by federal regulations. For each child enrolled
in school, parents may borrow up to the full cost of attendance each
year minus any other financial aid that the student receives.
You may submit your Parent PLUS Loan application online, or,
download and print an application and send it to CFI.
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Apply for a Parent PLUS Loan online. |
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Download a Parent PLUS Master Promissory Note and instructions. |
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Download a Federal PLUS Loan Request form. (Use this form if you
already have a PLUS MPN at CFI for the same benefitting student.) |
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Pre-screening Option
If you are unsure of your credit profile, you may either
download the Parent PLUS Loan pre-screening form (Federal
Parent PLUS Loan Request form) or request it online.
Pre-screening for the Federal Parent PLUS Loan will include a
formal credit check, which will affect your overall credit
rating. If you are confident of your credit history, we
recommend that you proceed directly to the PLUS Application.
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Complete the PLUS Pre-screening process online. |
| Download Pre-screening form. |
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Bank Draft Form for Loans
Having your PLUS loan payments drafted through bank
draft can save you time and money. Using bank draft
and electing to receive electronic statements may
give you immediate savings of 1.25% on your interest rates.
On-time consecutive payments can save you up to 0.75% more.
Check out the NC Advantage borrower
benefits on Parent PLUS Loans. And you won't have to worry
about late payments once you authorize automatic draft from
your account.
Download a Bank Draft Form
for Loans now, if you'd like to take advantage of this time-
and money-saving option.
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Types of deferments available
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Temporary Total Disability Deferment Request (Borrowers
with at least one outstanding loan made BEFORE 7-1-93)
To be used for:
- Deferment based on Stafford, SLS, PLUS, or Consolidation
borrower's, spouse's, or dependent's temporary total disability.
Temporary Total Disability Deferment Request Form
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Education Related Deferment Request
To be used for either:
- Deferment while Stafford, SLS, PLUS, or Consolidation
borrowers complete their graduate fellowship.
- Deferment while Stafford, SLS, PLUS, or Consolidation
borrowers receive rehabilitation training.
- Deferment while Stafford, SLS, or PLUS borrowers complete
their internship or residency.
- Deferment while Stafford, or SLS borrowers teach in a
designated teacher shortage area.
Download Education Related Deferment Request
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Economic Hardship Deferment Request (Borrowers with all
outstanding loans made ON/AFTER 7-1- 93).
To be used for:
- Deferment while Stafford, SLS, PLUS, or Consolidation
borrowers are experiencing economic hardship.
This form is temporarily unavailable.
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PLUS Borrower With Dependent Student Deferment Request.
To be used for:
- Deferment for PLUS borrower who did not have an
outstanding balance on a loan made before 07/01/1987 and the
dependent student for whom the parent obtained the PLUS loan is
enrolled as at least half time.
Download PLUS Borrower With Dependent Student Deferment Request
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In-School Deferment Request
To be used for either:
- Deferment for Stafford, SLS, PLUS, or consolidation
borrowers enrolled in school full-time.
- Deferment for Stafford, SLS, PLUS, or consolidation
borrowers enrolled half-time but did not have an outstanding
balance on a loan made before 7-1-87.
Download In-School Deferment Request
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Unemployment Deferment Request (All borrowers).
To be used for:
- Deferment for unemployed Stafford, SLS, PLUS, or
Consolidation borrowers - 24 or 36 month limit.
Download Unemployment Deferment Request
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Military Deferment Request
To be used for either:
- Deferment for Stafford, SLS, PLUS, or Consolidation
borrowers who are serving on active duty during a war or other
military operation or national emergency.
- Borrowers who are performing qualifying National Guard
duty during a war or other military operation or national
emergency.
Download Military Deferment Request
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College Funds Installment (CFI) Payment Plan Enrollment
Form
The installment payment plan lets you divide college expenses
evenly into monthly payments, without paying any interest charges --
just a low enrollment fee. If you are paying the bills for a
student, see if the college is participating. If the installment
payment plan is available, you choose the amount you want to cover
for either a full academic year or a semester. Enroll
now.
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Bank Draft Form for CFI Payment Plan
Making monthly installment payments by automatic draft to
your CFI Payment Plan can save you time and money. Once you
authorize bank draft from your bank account, you will
never have to worry about late payments again.
Download
a Bank Draft Form for the College Funds Installment (CFI)
Payment Plan now, if you'd like to make easy installment plan
payments.
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Non-Discriminatory Policy
All student financial assistance is awarded on a
nondiscriminatory basis without regard to race, color,
religion, national origin, marital status, disability, or age
(with the exception that the borrowers must be at least 17 to
enter into loan contracts under North Carolina law.)
Privacy Policy
CFNC.org is a secure site. See our privacy policy.
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