We understand that plans change. We recommend connecting with your school ASAP to return any excess loan funds to us or simply making a payment toward your loan through the servicer, Launch.
Keeping unneeded funds for future semesters may affect your ability to receive financial aid and impact your approval chances for future loans.
If you havent been funded yet, but want to change your loan amount, please contact us right away.
Keep in mind, changing your loan amount may affect your eligibility. Additionally, Funding U loans are certified by your school, so your final loan amount may differ from your approved amount based on what need your school confirms. Once you have signed your loan documents, all change requests must come directly from your school.