Declining Loans

How do I decline my loans?


Students must personally decline or reduce their funding; parents cannot do this for a student. To decline or reduce your funding, first log in to Wolverine Access and follow one of these paths:

  • New & Prospective Students: You may not decline or reduce funding until you have received an official financial aid notice, which typically occurs after you submit additional documents to our office and your application is reviewed. Then you may use Wolverine Access to decline or reduce your funding. After logging in to the Wolverine Access New and Prospective Student Business page, select New & Prospective Student Center > Accept/Decline Financial Aid.
  • Current Students: After logging in to the Wolverine Access Student Business page, select Student Center > Financial Aid > Aid Year > Awards > Accept/Decline.

If you want to reduce or decline a loan after you have already received the funds, contact the Office of Financial Aid right away. Parents of dependent students who have a federal PLUS loan may send an email or letter to the Office of Financial Aid asking to have the loan reduced or canceled.

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