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2025 Academic Catalog > Tuition, Fees, and Financing > Federal Financial Aid > Loan Cancellation

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Contents
  • Introduction
  • Accreditation
  • Trident Learning Outcomes
  • Admission and Transfer Policies
  • Bachelor to Master Dual Credit Options
  • Tuition, Fees, and Financing
    • Tuition Rates
    • Fees
    • Payment
    • Scholarships and Grants
    • Refund Policy
    • Federal Financial Aid
      • Federal Loans and Grants
      • Financial Aid Payment Periods and Enrollment Policy
      • Semester Hour Completion
      • Return of Title IV Funds
      • Payment of Credit Balance Student Accounts
      • Loan Cancellation
    • Military Tuition Programs
    • Information for Students Using Veteran Education Benefits
  • Student Information and Procedures
  • Registration and Enrollment
  • Course and Grading Policies
  • Graduation Requirements
  • General Policies
  • University College
  • Glenn R. Jones College of Business
  • Glenn R. Jones College of Business, Department of Information Systems
  • College of Education
  • College of Health and Human Services
  • Certificates
  • Courses
  • Teach-Out
  • Academic Faculty and Staff
  • Teach-Out - Programs, Certificates, and Courses
Catalog Links
  • Catalog Home
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  • All Catalogs

Loan Cancellation

When Trident credits any student's account with loan funds, the student will receive notice of the following:

  • The date and amount of the disbursement.
  • The student's right to cancel all or a portion of the loan and have the loan proceeds returned to the lender.
  • The process of applying funds to cover current charges within the loan period and up to $200 of any prior account balances.
  • The procedures by which the student must notify Trident that he/she wishes to cancel the loan or loan disbursement. This notice will be sent no earlier than 30 days before and no later than 30 days after the student's account is credited.

These notices are sent electronically, and a record of the notice will be maintained by the Student Finance Department. If a student notifies Trident that the student wishes to cancel all or a part of a loan, Trident must return and cancel the loan within 14 days of receiving the student’s written notice. Trident must inform the student either in writing or electronically as to the outcome of any request for loan cancellation.

Please contact the Student Finance Department at studentfinance@trident.edu if you have any questions about financial aid.