Federal student loans are in Offer status. Students must accept, reduce, or decline federal student loan offers in the MySlice student portal.
Instructions:
Login to MySlice, select the Financial Aid tile, select the aid year, and click the Accept/Decline tab*. Click the Edit button towards the top left corner to make any type of adjustment to your loan(s).
- To Accept: Select the option to Accept the loan, review your selection, and then hit Submit.
- To Reduce: Check the box indicating Reduce, enter the amount of the loan you would like to receive, review your selection, and then hit Submit.
– If you are enrolled for the academic year, the amount you enter will be split evenly between the fall semester and the spring semester.
–You cannot enter an amount higher than the amount that was offered to you.
- To Decline: Select the option to Decline the loan, review your selection, and then hit Submit.
*If you are having trouble accessing the Accept/Decline tab, please use a desktop computer, rather than a mobile device.
First-Time Federal Loan Borrowers:
If you have accepted your loan funds or accepted a reduced loan amount, you will need to complete Loan Entrance Counseling and a Master Promissory Note.
Those items will appear on your MySlice Financial Aid To Do List in 1-2 business days. After you complete these tasks, these items will be removed from your Financial Aid To Do List. Please allow up to ten (10) business days for this to take place.
How to Make Changes to Federal Student Loans:
If you have reduced or declined your loan(s), and you would like to reinstate your loan(s), please email your Financial Aid counselor.
If you would like to reduce or cancel your federal student loans after they have disbursed to your Bursar Account, you must submit the Loan Cancellation/Reduction Form.