Debt to Income Ratio Worksheet

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Student Name: _______________________________
Debt to Income
Student Banner ID: ____________________________
Ratio Worksheet
Parent Name:_________________________________
for Direct PLUS Loan Appeal
Please complete this form in its entirety.
Monthly Income
Monthly Gross Salary or Pay (father/stepfather):
Monthly Gross Salary or Pay (mother/stepmother):
Annual Bonuses: ____________
Divide by 12 for monthly amount:
Monthly Alimony/Child Support:
Other Monthly Income:
TOTAL INCOME
Amount
__________________
__________________
Documentation Included
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A.
Fixed Monthly Debts
Monthly Mortgage or Rent (include escrow pymt):
Monthly Auto or Other Installment Loan Payments:
Minimum Monthly Credit Card Payments:
Minimum Credit Line Payments (home equity):
Monthly Real Estate Non-Income Loan Payments:
Monthly Alimony and Child Support Payments:
Monthly Tax and Legal Assessments:
Monthly Other Payments:
Requested Loan amount $____________ 120 =
TOTAL RECURRING MONTHLY DEBT
DEBT TO INCOME RATIO (B DIVIDED BY A):
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B.
C.
I understand officials of the university will use the information submitted on this form to determine loan eligibility. By signing below, I
authorize the university to verify the information I have provided. I certify the information on this application is complete and correct; I
understand that the submission of false information is grounds for rejection of my application.
Parent Signature: _______________________________________
Date: _____________________
Contact Email: ________________________________________
Phone: ____________________________
If Debt to Income Ratio (C.) is
Contact us at:
38%, please submit this form along with documentation for each item listed.
806-742-3681
finaid.advisor@ttu.edu
Student Financial Center, West Hall, Room 301
When the form is completed in full please submit to Student Financial Aid in West Hall Room 301 or fax to 806-880-0880.
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