Parent Rapid Refund Form
The Rapid Refund plan enables parents to have a credit balance that results from a Federal Direct Parent PLUS Loan automatically deposited into a U.S. bank checking account.
Simply return the Authorization Agreement Form with a voided check to begin participation. Please see our Refund Policy for further details on Rapid Refund.
Return of Loan Funds Form
Use this form to decrease or cancel a loan already disbursed into a student’s Bursar Account.
The form must be signed by the borrower to authorize the return of loan funds—for a Federal Direct Parent PLUS loan, the borrower is the parent, not the student.
Form W-8BEN is a Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding. By law, foreign students are subject to IRS information reporting and/or tax withholding on any income received from United States sources. An Individual Tax Identification Number (ITIN) is required for this purpose. For complete details, please see our page on Form W-8BEN.
If you are a United States citizen or a United States resident alien and have not provided the University your Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), complete Form W-9. Your SSN or ITIN is required to be furnished under authority of law. It will be maintained securely and utilized by the Pennsylvania State University for tax reporting purposes. Learn more at http://www.irs.gov/pub/irs-pdf/iw9.pdf.