Sample application letter to apply for student loan forgiveness due to unemployment or further studies. You can also use below application for extension in loan payment date and period.
Request letter for Student Loan Forgiveness
I am a student of Chicago State University. My session is 2011 and I am currently enrolled under registration number 2011-EE-411 in Electrical Engineering Course. Respected sir, I joined this university after mutual agreement of an interest free student loan between me and the faculty of department. Therefore I am supposed to pay my all tuition fee in form of the loan to the university after completing my graduation. 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 on which I agreed. I shall be thankful to you for this favor.
Apply for Student Loan Forgiveness
I am a student of University of Engineering and Technology since 2014. I was enrolled in a bachelor degree program in it. At the time of admission I was entitled a lone 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, I am unable to payback my loan. 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 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.
Application Letter by Student Loan Waived Off
It is stated that I am a student of BBA and I am studying in University of Lahore. My 2nd last semester is going to be started and I am not able to pay as much amount of loan. So, kindly waive off my student loan. I will be very grateful to you.
Sample Student Loan Forgiveness Letter in Mail
School Of Management
United States of America
Respected Dean of Students,
My name is Angelo and I have been studying in your institute for past 2 years now. It is stated with great respect that I was given a college loan to complete my College degree and I was supposed to return that loan with interest. I am writing this letter to let you know that my father passed away recently and he was the sole bread earner of our family. Now whole responsibility of my family is on my shoulders and I have to take care of all of them. It is a request that please forgive me the student loan I took 2 years ago as I am in a very difficult situation and I need to work really hard to make both ends meet and with all this burden I will not be able to return the loan .
Sample application letter for loan by students due to financial problems, father unemployment, loss of family member or any other reason. Sample application for educational loan, study loan, student loan from a bank on urgent basis.
Education Loan Request Letter Sample
Howard School of Sciences United States of America
Respected Dean of student,
My name is Charlie and have recently completed my high school education. I was offered scholarships from many institutes but I chose Howard School of Sciences because of its amazing repute, faculty and quality of education but it was due to some other factor that I was not being able to receive a scholarship from the institute and I have to think of some other way. The only way for me to enter in Howard is by financing myself and that is not possible for me to bear that huge burden.
I hereby request for financial aid or student loan, so that I will be able to get admission into Howard and pursue my dreams. I have attached my official transcript with this application and also the results of my SAT. I hope that I will be included among those lucky students who have the honor to sit in Howard School.
Waiting for your response anxiously Charlie
Apply for College Student Loan
To, The manager, MK bank, Miami
With due respect,
I would like to tell you that I have got to know that you are providing study loans to students, sir I am applying for MBA but as you know it’s an expensive course and as I belong to a middle class family, I cannot submit my semester fee, my fee is 2000$ per semester. My financial details are attached with this form which includes my utility bills, my rental agreement, job letter, ID card. Sir I request you to consider my request and provide me the study loan to support my studies. I shall be really thankful for this act of kindness, looking for a positive response from your end. Thanks
From, Mr. ted Wilson, Miami
Application to Bank for Study Loan
Dear Credit Manager,
This application is to request a loan to meet my present educational needs. I am a day scholar at National Institute. To pay for my examination and lab fees I need to pay a lump sum amount of 200$ in the next month. To meet my present needs I work part time in a research institute and receive a 10$ a week. So to pay such a huge amount in lump sum is difficult.
I request your bank to issue me I student loan of 200$ which I would return your bank within two months. I am ready to deposit any kind of security your bank needs. This would be great if all the procedures are done in a short period of time in order to pay my fees in due time.
Amna FaheemMBA Marketing (LSM)
Application for Student Loan
Respected Sir, It is stated that I am a student of engineering at GC College. I want a student loan in order to continue my Master’s studies. I am a talented student and I currently lie among top 5 position holders of the department. My topic for Master’s research is “Light weight concrete bridge deck system”.
If you will issue me the student loan then I can assure you that I can turn out to be valuable asset for your institution by conduction research in this modernized topic. As of now I cannot afford to pay for your institution due to some financial issues.
I hope keeping in view my above arguments you’ll be convinced and issue me the student loan. I shall be very obliged for this kind favor. Yours truly,
Student Loan Application for University
Respected Principal/Dean, I want to say that I have secured my admission at University of British Columbia in Masters of Civil Engineering. I successfully completed my Bachelors in civil engineering with majors in structures. My passing percentage has been 95% in general. However due to some nationality issues I am unable to secure a scholarship for the masters at your university.
Dear sir, as you know that the educational as well as living expenses are very huge in amount at this university and also I belong to a third world country due to which I would not be able to bear expenses of this university all by myself. I have been a brilliant student throughout my student career and I am very eager to study at University of British Columbia. Keeping in view my all the problems and hurdles, you are kindly requested to issue me a student loan so that I may continue my journey of knowledge.
I have full hope that you will allow finance department to grant me a student loan in order to bear my educational expenses. I shall be thankful to you for this favor. Yours sincerely,
Loan Application for College and School
It is stated that I have recently got my name in FAST University. As from my records you can see that I have scored A+ both in my Metric and Intermediate education. And the thing is financial aid was given to me on the basis of my financial condition and educational record. Sir, I have keen interest in studying Computer Science from your university. As FAST University is very expensive so I request you to offer me student loan.
It shall be grateful to you for this favor. It will really help me in achieving my ambition.
Yours sincerely, Nimra
Letter to Bank for a Loan to Have Higher Studies in USA
To Mr. Kapil Sharma Managing Director Bank of India Goa, India
Sir, I am Jayant Sharma and I recently completed my intermediate studies. I applied for higher studies in USA and with the blessings of my family; I got selected at Harvard University. However, the road to success is not paved with flowers. The lack of financial resources is hindering my way to the top. Also, this would become a huge burden on my parents’ shoulders. Therefore, I request you to kindly grant me a loan so that I can pursue my studies at one of the best universities of the World. Thank you for your consideration. I look forward to hearing from you in the near future.
Yours sincerely, Jayant Sharma Tajpur town Goa, India
Student Loan Statement Request
Respected Financial Department,
My name is Michael and I am a student in the engineering department and I want to bring this to your kind notice that I need a loan to complete my thesis and research on my subjects. Sir my transcript is attached with the application from there you can see that I am a very hardworking and intelligent student. Sir I am nearly to complete with my research and I do not want to back up now just because of the financial problems.
That is why sir I am writing this application so as you could give me a loan to complete my studies and research, with interest free loan or with minimum interest rate for loan as possible.
I will be very thankful to you. Michael
Application for Student Loan
To, The Finance Manager, XYZ University, Lahore.
It is stated that I have successfully passed Intermediate exam with 75% marks. I am willing to complete my higher education and planning to start CA. Unfortunately, I cannot afford the costly education due to financial barriers. The estimated fee for my education is PKR 6, 00,000.
I want you to finance my education and provide a student loan. I shall be very grateful to you.
Yours sincerely, siraj
Application for Student Loan
To, The Bank Manager,
I informed you that I want to study abroad, I applied for admissions in different countries but I can’t take full scholarship for Masters in computer sciences. The scholarship which I was awarded is partial as the government award the tuition fee only. My all other expenses like rent and residence is not included in scholarship and due to this reason I want you to give me loan on the behalf of my mother’s gold. I will return you as soon as possible. I will be very thankful for this favor.
Application for Educational Loan to Branch Manager
To, The branch manager HBL
I am an account holder in your bank from last five years. I have recently passed Masters in English from Punjab University. Now i am looking for MPhil in same subject and for further studies i need to submit a fee of 2 lacks per year.
I request you to issue me a loan according to a special policy of bank for student account holders, so that I could submit my fee and continue my study. This loan could be deducted from my account in every month installment. I shall be highly thankful to you for your kind favor.
Application for Educational Loan for Studies
To, Branch Manager, Zahoor Elahi road Gulberg, Lahore.
It is to request you that I have recently done B.com from Government Islamia College and secured good marks. Now I want to take admission in MBA but I am financially weak, I cannot pay my university fee. Please sanction me educational loan so that I can complete my studies. After studies, I will pay off my loan to your bank.