Before accepting any loans, figure out how much you will need for the academic year.
+ Estimated Indirect Costs
– Grants & Scholarships
= Remaining Amount
You may choose to accept all, part or none of the loans offered to you.* We strongly encourage you to only accept the amount of loan that you need. The less you borrow now, the less you will owe after graduation.
If you choose to accept less than full amount of loan offered, you may do so in your student portal. View the step-by-step instructions. If you have already accepted/declined your financial aid, you may reduce the amount or cancel your loan by completing the Loan Cancellation or Reduction form.
* Be sure to include loan origination fees in the amount you choose to borrow if you accept less.