Cancellation Procedure
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Cancellation Procedure
Students have a right to cancel all or part of their federalthe loan disbursement(s) awardeddisbursements offered. The loans may be cancelled, with the Financial Aid Office, any time before the loan disbursement dates.
Once MTSA is in receipt of the loan funds, students have a right to cancel all or part of the loans within 14 days after the disbursement date for the loan period. In order to To cancel any or all of your loans, the studentstudents must confirm in writing the award(sloan type(s) and amount(samounts(s) and send the request to finaid@mtsa.edu.finaid@mtsa.edu. Students are responsible for any unpaid balance on their studentschool account. Borrowers will be advised of the status of their request for cancellation.