Loan or Federal TEACH Grant
Cancellation/Reduction Form

This form is designed to expedite your loan or Federal TEACH Grant cancellation or loan reduction request. Please complete all of the information below. You may make more than one loan change on this form.

Only complete this form if (1) your loan(s) have been awarded and (2) your loan(s) have disbursed to your bursar account.

If your loan(s) have not disbursed to your bursar account, please sign on to MySlice, then proceed to Syracuse University’s online self-service system, and select the “Accept/Decline” tab. Determine what loans in your award listing you wish to decline.

Reducing or cancelling your loan(s) may create a balance due on your Bursar account.

Review your MySlice Bursar account or contact the Bursar’s Office at (315) 443-2444 or Bursar@syr.edu.

Clicking on the ?

symbol will provide you with further information and instructions.

Borrower's Information

Borrower's First Name:

Borrower's Last Name:

SUID: 🛈

Daytime Phone Number (please include area code):

Enter your email address to receive a copy of this completed form.

In completing this form please be aware of the following:

According to the Department of Education, “A school should not return Direct Loan funds on a borrower’s behalf if more than 120 days have passed since the disbursement date. If a borrower asks the school to do this, the school should direct them to the appropriate servicer for guidance on how they can return the money. This is because Direct Loan funds returned 120 days or more after the disbursement are processed as a payment with no adjustment of loan fees or interest.”

To determine the disbursement date of your loan(s) please refer to your loan disbursement notice sent to your SU email account.

If we are unable to cancel a loan, or a portion of a loan, we will communicate that via your SU email account.

Loan Cancellation

Check here if you would like to cancel ALL of your loans. Complete the next statement and then click 'submit' at the end of this form.

I would like to cancel all of my loans for the following term(s):

Federal TEACH Grant Cancellation

Check here if you would like to cancel your Federal TEACH Grant. Complete the next statement and then click 'submit' at the end of this form.

I would like to cancel my Federal TEACH Grant for the following term(s):

Loan Adjustments

Before completing this section to change your loan amount, please consider the following:

The loan amount you enter below may not necessarily be the loan amount that you will receive because your lender may charge fees.
When your loan is applied to your bill, the total loan borrowed will be reduced by any fees.
If you are borrowing a specific amount to cover your Bursar bill, include loan fees you may be charged in the calculation of loan that you will need.
For example, if you wish to borrow a $2,000 loan, you will need to determine what your lender or servicer will charge you for fees (if any), and add it to the $2,000 loan amount. Contact your lender or servicer to determine the amount of fees that will be charged.

Have more than one request? Complete the ‘Second Loan Adjustment’ section below.

Which loan would you like to adjust?

What action do you want to take?

For which term?

What is the current gross loan amount? Do not use the disbursed amount. List amount in whole dollars. Please note that the loan may have origination fees which may reduce the amount credited to your account.

What is the new loan amount? List amount in whole dollars. Remember to account for loan fees. Amount entered here should be the gross amount of the loan. The amount of the loan disbursed will be less the fees.

Second Loan Adjustment (if applicable)