Office of Student Aid : Loans : Federal Direct Stafford Loan : Decrease Your Federal Direct Stafford Loan

If you have been awarded a Stafford Loan and want to decrease or cancel it, access Loan Decrease on eLion.

The type of loan and semester in which a loan decrease can be made are automatically displayed.

We strongly recommend that you do not modify the recommended loan amounts until you have reviewed all of your educational budget expenses for the year including tuition, fees, room and meals, books, supplies, transportation, personal, and miscellaneous expenses.