Request for the Return of Loan Funds
Use this form to decrease or cancel a loan already disbursed into a student’s Bursar Account. Indicate the amount of the loan to be returned on the appropriate line. The form must be signed by the borrower to authorize the return of loan funds. For a Federal Direct Parent PLUS Loan, the borrower is the parent, not the student.
Mail the completed form along with a check payable to Penn State in the amount of the return to:The Pennsylvania State University
Office of the Bursar
Attn: External Awards
109 Shields Building
University Park, PA 16802
The borrower will receive a confirmation of the return in approximately ten days.