Before your loan money is disbursed, you may cancel all or part of your loan 14 days after receipt of a Disbursement Reminder Notification letter by emailing the University Funding team
You can also increase the amount of your loan if you haven’t asked for the maximum amount available to you.
If you ask Brunel University London University to cancel all or part of your loan outside the timeframes described above, Brunel University London may process your cancellation request, but note that the University is not required to do so.
You may return all or part of your loan to the Federal Reserve, within 120 days of the disbursement date. Contact the Direct Loan Servicing Centre for guidance on how and where to return your loan money. You do not have to pay interest or the loan fee on the part of the loan that you returning within 120 days of the disbursement date. If you received an up-front interest rebate on your loan, the rebate does not apply to the part of your loan that you return. Your loan will be adjusted to eliminate any interest, loan fee, and rebate amount applicable to the amount of the loan that you return.