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- 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.