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COLLEGE OF THE CANYONS FINANCIAL AID OFFICE26455 Rockwell Canyon Road Santa Clarita, California 91355 Phone: (661) 3623215 Fax: (661) 3625617 www.canyons.edu/money4college20212022 Direct Loan Status

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How to fill out direct loan status change

01

Access the direct loan servicer's website and log in to your account.

02

Navigate to the section for loan status changes.

03

Select the option to make a direct loan status change.

04

Fill out the required form with updated information such as income, family size, or employment status.

05

Submit the form and wait for confirmation of the status change.

Who needs direct loan status change?

01

Borrowers who have experienced a change in their financial situation or personal circumstances that may affect their eligibility for loan repayment options.

02

Those who need to update their loan status to align with their current situation.

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What is direct loan status change?

Direct loan status change refers to updating the status of a loan directly with the lender.

Who is required to file direct loan status change?

The borrower or their authorized representative is required to file direct loan status change.

How to fill out direct loan status change?

Direct loan status change can be filled out online through the lender's portal or by submitting a paper form to the lender.

What is the purpose of direct loan status change?

The purpose of direct loan status change is to keep the lender informed about any changes in the status of the loan, such as payment delays or modifications.

What information must be reported on direct loan status change?

Information such as borrower's name, loan account number, reason for status change, and any supporting documentation must be reported on direct loan status change.

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