I certify that I am the legal owner and a lienholder of record for the vehicle described above, that the vehicle is physically located in. The Arizona Repossession Affidavit form, officially known as form 48-0902, is a crucial document used in the repossession process.If you are a graduate student, the Grad PLUS Loan is an option for you to help pay your education expenses. Voluntary repossession is when you return a car you can't afford to the lender. The FAFSA is the only form students must fill out to apply for Title IV aid. Those interested must complete the Loan Adjustment Form. Students must speak with a Financial Aid representative to request this form. To start the process of applying for a Parent PLUS Loan, you and your student must complete a FAFSA.