Publication Date: April 2002
Bulletin ID: DLB-02-09
Summary: New PLUS Loan Application, Note, and Endorser Addendum Information
April 2002
DLB-02-09
Subject: New PLUS Loan Application, Note, and Endorser Addendum Information
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Dear Partner:
OMB has reapproved the current Direct PLUS Loan Application and Promissory Note and Endorser Addendum through January 31, 2003. So that we will not have to change the expiration date again next January, OMB has told us that we do not need to show an expiration date on the current forms. Except as noted below, there are no changes to the current forms.Â
Federal Direct PLUS Loan Application and Promissory Note
(1) In the OMB box (found in the upper right corner of the first page and in the upper right corner of the instructions page), change the OMB No. from 1840-0666 to 1845-0051. Make the same change to the OMB No. in the "Paperwork Reduction Notice" that appears at the end of the instructions page.
(2) In the OMB box (see above), remove the expiration date and the words "Exp Date".
Endorser Addendum to Federal Direct PLUS Loan Application and Promissory Note
(1) In the OMB box and "Paperwork Reduction Notice" (see above), change the OMB No. from 1840-0679 to 1845-0060.
(2) In the OMB box (see above), remove the expiration date and the words "Exp Date".
For those schools that order notes from the Department, we understand the urgency to get the new forms to you as soon as possible. However, due to procedures for review and approval through other Department channels, we can only estimate to have the new notes available to you by the end of May. We will keep you updated with any changes to this date. You may continue to use the expired note for cases that need to be resolved before the new note is available.
Thank you for your continued partnership in the Direct Loan Program.
Sincerely,
Jane Holman
Acting Director, Title IV Delivery