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MCCC Financial Aid Office Federal Direct Loan Cancellation/Revision Form ______Student NameStudent ID # Subsidized LoanI would like to CANCEL my Directfor the___semester. Unsubsidized LoanREDUCE I

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How to fill out federal direct loan cancellationrevision

01

Log in to your student loan account

02

Go to the section for loan cancellation/revision

03

Select the option for federal direct loan cancellation/revision

04

Fill out the required information accurately

05

Submit the form and wait for confirmation

Who needs federal direct loan cancellationrevision?

01

Borrowers who have federal direct loans and are eligible for cancellation/revision

02

Those who have experienced changes in their financial situation or eligibility for loan forgiveness

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What is federal direct loan cancellationrevision?

Federal direct loan cancellationrevision is a process where borrowers can request to have their federal direct loans cancelled or revised under specific circumstances.

Who is required to file federal direct loan cancellationrevision?

Borrowers who meet the eligibility criteria for loan cancellation or revision are required to file federal direct loan cancellationrevision.

How to fill out federal direct loan cancellationrevision?

To fill out federal direct loan cancellationrevision, borrowers need to submit a formal request to their loan servicer along with supporting documentation to prove their eligibility for loan cancellation or revision.

What is the purpose of federal direct loan cancellationrevision?

The purpose of federal direct loan cancellationrevision is to provide financial relief to borrowers who are facing hardships or circumstances that make it difficult for them to repay their federal direct loans.

What information must be reported on federal direct loan cancellationrevision?

Borrowers must report their personal information, loan details, reasons for requesting the cancellation or revision, and any supporting documents required by the loan servicer.

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