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Loan Cancellation

 

You have the right to cancel all or a portion of a federal student loan prior to disbursement.

To cancel a student loan, submit a Financial Aid Adjustment form (PDF - 132KB) to the Financial Aid Office.

If funds have already been disbursed through the DCCCD Money Card program, then your loan will be canceled if we receive your request within 14 days after the loan was disbursed, as long as you return all funds in full to the college Business Office. You will be asked to coordinate the return of funds with the college Financial Aid Office and the college Business Office.

If it has been more than 14 days since your loan was disbursed, you may contact the Department of Education to request loan cancellation.