You may cancel all or a portion of your loan before it has paid to your or your student’s (Parent PLUS Loan) University account.
Once your loan has paid into your or your student’s University account it can be cancelled or reduced within 14 days from the date of disbursement.
Cancellation or reduction to your loan may result in a balance being owed to the University, which will be due immediately. Failure to pay a balance owed to your University account could result in late fee’s and prevent future enrollment.