If the funds have not yet disbursed, you must make your request with a letter of cancellation. This can be done by fax or mail. All letters must include the your name, Social Security number, the school you're attending, the loan type, and the amount you wish to cancel.
If the funds have disbursed, the method of cancellation depends on whether your school has the funds or if the funds were sent directly to you. If the school has the funds, you need to contact your school and ask them to return the funds to Access Group. If you have the funds, return the funds directly to Access Group with your letter of cancellation.
Note: Funds must be sent back to Access Group within 120 days to avoid fees and interest. |