Regarding the Cancellation of Loan Funding
If you would like to cancel or reduce a loan that hasn’t paid out yet, navigate to your financial aid awards page and click on the “request changes to your student loans” option. From there you can submit a cancellation request and specify the amount of loan you’d like to cancel.
If the loan has already paid out, you may cancel all or a portion of your loan by submitting a Borrower Loan Cancellation Form. The request must be submitted within 14 days from the date of disbursement.
Cancellation or reduction to your loan may result in a balance being owed to the University. Failure to pay a balance owed by the due date could result in late fees and/or prevent future enrollment.
Student Direct Loan Cancellation Form (for loans that the student is taking out in their name).
Parent Loan Cancellation Form (for Parent PLUS Loan funding).
An important note regarding student loan funding:
At Colorado State University, we encourage you to make informed decisions when taking out a student loan, and to only borrow the amount of funds needed to successfully complete your education.
