Can I cancel my loan?

You can cancel any pending disbursements that have not already paid toward tuition, fees, books and/or living expenses.  Any loan money that has already paid these expenses cannot be cancelled.  If you receive a refund check, you can return it to the Bursars office to have the money returned to the federal government to reduce your loan debt.  You cannot have the loan canceled because you didn’t like the education, didn’t get a job in your field of study or because you’re having financial difficulty.