Orange barStudents wishing to change their accept/decline decision on a loan, request an increase/decrease of their loan amount, can do so online using SFS's Loan Change Request Form.

    Provided that there is available funding and a student has eligibility, they may request to accept a previously declined loan or increase a loan up to the initial amount offered during a loan period.

    Loans cannot be increased or accepted after a loan period has ended. Loan decreases/cancelations may be requested within 180 days of the loan being fully disbursed to the UVM student account.

    All requests should be submitted using the online Loan Change Request Form.

    To decline/cancel a loan that was previously accepted:

    • Enter the Total Adjusted Semester Amount as zero.
    • If you are declining the loan for the year, submit a request for each semester of the loan year.

    To accept a loan that was previously declined:

    • Enter the amount you wish to borrow as the Total Adjusted Semester Amount.
    • To accept a loan for the full year, submit a request for each semester with the appropriate semester amount.

    To increase a loan you have already accepted:

    • Enter the total amount (a combination of what you have borrowed plus the additional amount) you want to borrow as the Total Adjusted Semester Amount.
    • To increase a loan for a year, submit a request for each semester, listing the amount you would like to borrow for each semester as the Total Adjusted Semester Amount.
    • Do not request more than your eligibility. If you are unsure, please contact SFS.

    To decrease a loan you have already accepted:

    • Enter the new loan amount total you wish to borrow as the Total Adjusted Semester Amount. (This is the previous amount you accepted less the amount you want to decrease your loan by).
    • If decreasing a year loan, submit the request for each semester, indicating the resulting amount you would like for each semester as the Total Adjusted Semester Amount.