Get 2013/2014 Loan Decrease/cancellation Request Form - Umbc - Umbc

Completing the 2013/2014 Loan Decrease/cancellation Request Form can seem daunting, but this guide will provide you with clear and supportive instructions to facilitate the process. Follow the steps outlined below to ensure that your request is accurately submitted.

Follow the steps to complete your loan decrease or cancellation request.

1. Press the ‘Get Form’ button to retrieve the form and open it in your preferred editing tool.
2. Clearly print your name, UMBC ID, UMBC email, and phone number in the designated borrower information section. Ensure that your handwriting is legible to avoid any processing delays.
3. Indicate whether you would like to adjust your loan or cancel it by checking the appropriate box next to each relevant loan type. The options include Direct Stafford Subsidized Loan, Direct Stafford Unsubsidized Loan, Direct Graduate Plus Loan, Alternative Loan, and Perkins Loan.
4. Specify the amount by which you would like to reduce your loan for each semester. Enter the desired amounts in the corresponding fields for Fall, Spring, and Summer terms. Note that loan fees may apply, and the actual amount processed may be different.
5. Acknowledge the terms provided at the bottom of the form by reviewing each statement regarding the implications of your request concerning disbursement notifications, balances owed, and potential reinstatement.
6. Sign and date the form in the designated area to validate your request before submission.
7. Once you have completed the form, save any changes made, download a copy for your records, and proceed to print or share it as necessary for submission.

Ensure your financial needs are addressed by completing your form online today.