2020-2021 Request to Cancel or Modify Financial Aid
Financial Aid Office, 1637 Lawson Street, Durham NC 27703
Phone 919-536-7209, Fax 919-536-7260, financialaid@durhamtech.edu
Student Inf ormation
Name
Student ID
Email
Phone Number
A. What term(s) do you wish to cancel your aid for?
Fall 2020
Spring 2021 Summer 2021 Entire 2020-2021 Award Year
B. Choose the box that describes your intent. Follow the instructions within that
box.
I wish to cancel all of my student aid, including Pell Grants, FSEOG, State Grants and Federal Student
Loans - Complete sections C and D.
I wish to cancel all of my Grants, including Pell Grants, FSEOG and State Grants - Complete Section C.
I wish to only cancel Pell Grant and State Grants - Complete Section C.
I wish to cancel or reduce a portion / all of my Federal Student Loans - Complete Section D.
C. Cancellation of Grants
Initial Each Line
______ I understand that Durham Tech does not recommend under any circumstance cancelation of grants.
______ I have discussed this decision with a member of Durham Tech’s Financial Aid Staff and they have
advised me why I should not cancel a grant awarded to me.
______ I understand that I am responsible for any tuition or other fees from the college that may occur due
to this.
Financial Aid Representative Signature ___________________________________
Date _______________
The above signed member of Durham Tech’s Financial Aid staff has met with this student and has advised
them to not cancel their grant(s).
Revised Spring 2020
D. Cancelation or Reduction of a Federal Loan(s)
Please check the type of Adjustment you are requesting:
Cancel all of my student loans for the above term(s).
Reduce my student loan to $______________________for the above term(s)
LOAN LIMITS FOR THE ACADEMIC YEAR
Dependent Students
Independent Students
32 or less credit hours completed - $5,500
($3,500 Max for Subsidized)
32 or less credit hours completed - $9,500 ($3,500
Max for Subsidized)
33 or more credit hours completed - $6,500
($4,500 Max for Subsidized)
33 or more credit hours completed - $10,500 ($4,500
Max for Subsidized)
Certification and Signatures: I certify that all of the information reported on this worksheet is complete and
correct. I am responsible for any charges that may occur from the school for this cancellation/reduction.
Signature: ______________________________________________ Date: ________________
Revised Spring 2020