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Policy 4401

Cancellation of Loan Debt

I. Purpose

The purpose of this policy is to establish a rule for loan debt status when a student dies.

II. Policy

Upon the death of a student or former student, the Chief Financial Aid Officer will cancel obligations on any loan made to the student by Longwood University.

Revised and approved by the Board of Visitors, September 7, 2002.
Revised and approved by the Board of Visitors, March 26, 2010.