Application for Student Loan Cancellation and Discharge

Application for Student Loan Cancellation and Discharge

Application for Student Loan Cancellation and Discharge

[Student loan Cancellation and Discharge might seem too good to be true, but there are legitimate ways to get it. If you’re no longer required to make payments on your loans due to some serious problem of the educational institute where you received your loans, this is generally called discharge. Here briefly focus on sample Application for Student Loan Cancellation and Discharge. You can make any change to the below application as per your needs.]

Date: DD/MM/YY

The Registrar/Administration…

College/University name…

Address…

Sub: Request for Student Loan Cancellation and Discharge

Dear Sir,

It is stated that I am a student of (Subject, Department name, and degree name) and I am studying in (College/University name). (Describe in your words). It is stated with great respect that I was given a college/university loan to complete my University/College degree and I was supposed to return that loan with interest. (Describe all about the situation). My 2nd/3rd semester is going to be started and I am not able to pay as much amount of loan. I am writing this letter to let you know that my father passed away recently. (Explain the actual problem and situation). He was only earning member of our family. It is a request that please forgive me for the student loan I took (1/2/3) years ago as I am in a very difficult situation.

So, kindly waive off my student loan. (Cordially describe your greetings and requirements). I will be very grateful to you. Please pay heed to my kind request.

Regards,

Your name…

Signature…

Batch and Registration no…

 

Another Format,

Date: DD/MM/YY

The Registrar/Administration…

College/University name…

Address…

Sub: Request for Student Loan Cancellation and Discharge

Respected Sir,

I am a student of (University/college name). My session is (batch and semester name) and I am currently enrolled under registration number (*****) in (Subject and department name). At the time of admission, I have entitled a lone equivalent to my tuition fee which I had to pay after completing my graduation. (Describe in your words). Therefore I am supposed to pay my all tuition fee in the form of the loan to the university after completing my graduation. Sir, I want to further pursue my studies in master’s degree work after completion of my graduation. (Explain the actual problem and situation). Due to this, I would not be able to do a proper job and in that way, I would not be able to pay back the loan on which I agreed. Therefore you are requested to forgive and remit my loan so that I may continue my journey of knowledge. (Describe all about the condition and your offer).

Respected sir, keeping in view all the above-mentioned problems you are requested to forgive my loan. (Cordially describe your greetings and requirements). I hope after reading the above problem, you will forgive my loan on which I agreed. I shall be thankful to you for this favor.

Yours truly,

Your name…

Signature…

Batch and Registration no…

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