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Student Financial Services20162017 Direct Loan Modification Request FormStudent Name: Student ID#: Email: Telephone #: LOAN MODIFICATION REQUESTS Federal Direct Subsidized Loan: Reduce my previously
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Direct loan modification request is a formal request made by a borrower to modify the terms of a loan agreement directly with the lender.
Any borrower who wishes to modify the terms of their loan agreement is required to file a direct loan modification request.
A direct loan modification request can be filled out by providing all necessary information about the borrower, the loan, and the requested modifications.
The purpose of a direct loan modification request is to renegotiate the terms of a loan agreement in order to make it more manageable for the borrower.
The information that must be reported on a direct loan modification request includes details about the borrower's financial situation, the current loan terms, and the requested modifications.
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