Sample Application format for Student Loan Forgiveness
[Here briefly describe on Sample application letter to apply for student loan forgiveness due to unemployment or further studies. You can also use following application for extension in loan payment date and period. You can modify this format as your requirement.]
Date…
The Registrar,
Institution name…
Institute Address…
Sub: Request letter for Loan Forgiveness
Respected Sir,
I am a student of (University name). My session is 20xx and I am currently enrolled under registration number 20xx-yy-zz in (subject and department name). Respects sir, I joined this university after mutual agreement of an interest-free student loan between me and the faculty of the department. Therefore I am supposed to pay my all tuition fee in form of the loan to the university after completing my graduation. (show your actual problem and situation). Sir, I want to further pursue my studies in master’s degree work after completion of my graduation. Due to this, I would not be able to do a proper job and in that way, I would not be able to pay back the loan on which I agreed. Therefore you are requested to forgive and remit my loan so that I may continue my journey of knowledge.
I hope after reading the above problem, you will forgive my loan for which I agreed. I shall be thankful to you for this favor.
Name…
Subject and Department name…
I.D./Registration no…
Another format,
Date…
The Registrar,
Institution name…
Institute Address…
Sub: Application for Loan Forgiveness
Respected Sir,
I am a student of (University name) since 20xx. I was enrolled in a bachelor degree (Educational degree name) program in it. At the time of admission, I have entitled a loan of equivalent to my tuition fee which I had to pay after completing my graduation. I have completed my degree, but I don’t have a proper employment right now. Due to this reason, I am unable to pay back my loan. (show your actual problem and situation). I have been receiving letters and reminders from your university for many weeks and I am tired of this thing. Also, the people employed in my field have a very less source of income due to which they are living hand to mouth. Respected sir, keeping in view my all the above-mentioned problems you are requested to forgive my loan.
I hope that you will take my application under kind consideration and will forget my loan. I shall be very thankful to you for this favor.
Yours truly,
Name…
Subject and Department name…
I.D./Registration no…
