AUTHORIZATION TO DECLINE FEDERAL DIRECT STUDENT LOANS

Date:  

Award Year:  

Campus:  

I, am notifying the Financial Aid Office at Beal University that I wish to decline the following Federal Direct student loans.

Section 1: Decline Future Loans (Check all that apply) * See Notes

Section 2: Decline and Return unused loan funds already disbursed: Please indicate the amount you would like to return as well as the date the loan was originally disbursed to your account

*NOTES: 

Subsidized Loans: Interest is paid by the US Department of Education while you're enrolled at least half time in college. No interest accumulates.

Unsubsidized Loans: Interest begins accruing as soon as the loan is disbursed, including while students are enrolled in school.

Payments begin 6 months after last date of attendance for all loans borrowed: Federal direct subsidized and unsubsidized student loans.

You must be enrolled at least 1/2 time to receive Federal Student Loans.