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Southwestern CollegeFinancial Aid Office20182019 Federal Direct Loan Cancellation Form INSTRUCTIONS: Please complete this form and return to the Southwestern College Financial Aid Office or to any
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How to fill out 2018-2019 federal direct loan

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How to fill out 2018-2019 federal direct loan

01
Log in to the official Federal Student Aid website with your FSA ID
02
Click on the 'Complete Loan Agreement for a Subsidized/Unsubsidized Loan (MPN)' link
03
Choose the option to 'Complete Subsidized/Unsubsidized MPN for Student Loans' and select the award year 2018-2019
04
Enter your personal information and read and agree to the terms of the Master Promissory Note (MPN)
05
Review and submit your completed MPN

Who needs 2018-2019 federal direct loan?

01
Students who require financial assistance to cover the cost of their education for the 2018-2019 academic year
02
Individuals who meet the eligibility criteria for federal student loans and have completed the Free Application for Federal Student Aid (FAFSA)
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Federal direct loan cancellation is a process where borrowers can have their federal student loans forgiven or discharged under certain circumstances.
Borrowers who meet the eligibility criteria for loan forgiveness or discharge are required to file federal direct loan cancellation.
Borrowers can fill out federal direct loan cancellation forms provided by their loan servicer or the Department of Education.
The purpose of federal direct loan cancellation is to provide relief to borrowers who are unable to repay their federal student loans due to certain circumstances.
Borrowers must report their personal information, loan details, and the reason for seeking loan forgiveness or discharge on federal direct loan cancellation forms.
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