Loan Cancellation Form: 2023-2024 Federal Direct Loan

As a Federal Student Loan borrower you have the right to cancel or reduce your Federal loan amount. You are notified of this when you accept your loan and through the loan disclosure process. This form must be used to enable the Office of Student Finance to complete your request. If this form is submitted prior to or up to 14 days after disbursement, the cancellation will be performed and you will receive notification of your new award. If you submit this form more than 14 days after disbursement, the Office of Student Finance will evaluate your request and communicate to you if the cancellation can still be processed as well as the impact on your student account.

*First Name:

*Last Name:


*Banner ID:

*Check the box for the semester you want the loan cancelled:

*I am requesting a cancellation of the following Federal Loan(s) for the following amounts:

Federal Direct Unsubsidized Loan Cancellation Amount

Federal Direct Plus Loan Cancellation Amount

Reason for Cancellation: