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Loan Adjustment Form (reduction or declination)1. To reduce the dollar amount of your Federal Direct Subsidized or Unsubsidized loan listed on your award offer, enter the dollar value where indicated.
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How to fill out 2019-2020 direct loan adjustment

01
Obtain the 2019-2020 direct loan adjustment form from the relevant loan service provider.
02
Fill out your personal information, including your name, address, and Social Security number, in the designated fields.
03
Provide information about your current loan, such as the loan type (subsidized or unsubsidized), loan amount, and loan disbursement dates.
04
Indicate the changes you would like to make to your loan, such as adjusting the loan amount or changing the repayment plan.
05
Include any supporting documentation, if required, to substantiate your requested adjustments.
06
Sign and date the form.
07
Submit the completed form to the loan service provider by mail, fax, or online, as per their specific instructions.
08
Keep a copy of the filled-out form and any supporting documents for your records.

Who needs 2019-2020 direct loan adjustment?

01
Anyone who has an existing direct loan for the 2019-2020 academic year and needs to make adjustments to it should fill out the 2019-2020 direct loan adjustment form. This can include individuals who wish to modify their loan amount, change their repayment plan, or update any other relevant loan information.
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The Direct Loan Adjustment Form is a document used to make changes to the terms or details of a direct loan, including adjustments to the loan amount or adjustments arising from changes in borrower circumstances.
Borrowers of direct loans who need to report changes in their financial situation or seek modifications to their loan terms are required to file the Direct Loan Adjustment Form.
To fill out the Direct Loan Adjustment Form, borrowers must provide accurate personal information, specify the details of the adjustments needed, and attach any required documentation to support their requests.
The purpose of the Direct Loan Adjustment Form is to facilitate the process of modifying loan terms, ensuring that borrowers can request adjustments due to changes in their financial situation or loan details.
Information that must be reported includes the borrower's personal details, loan account information, specific changes being requested, and supporting documentation if necessary.
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