Sample "Student Loan Hardship Letter"

A Student Loan Hardship Letter is written when a student finds they will be unable to pay for expenses related to their current education plan and need to request additional funding. This letter can be sent either to a financial institution (such as a bank or loan agency) or the financial aid department of a university. A Student Loan Hardship Letter template is available for download below.

To write a Hardship Letter for a Student Loan you will want to include the following:

  1. Name and address of the person you are sending the letter to.
  2. Subject line with the title, "Student Loan Hardship Letter."
  3. An explanation of your current financial situation, where you attend school and your major, and the total amount of money you are seeking.
    • With this you will want to include any other loans you currently have, if you are currently working, and how much your education institution costs per year.
  4. Also include any unexpected expenses, such as an illness, car accident, or loss of work.
  5. Close the letter by explaining how this additional influx of money will help you continue on with your studies and that you appreciate their consideration.
  6. Closing salutation and your full name.

Haven't found the template you're looking for? Take a look at the related templates below:

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Download Sample "Student Loan Hardship Letter"

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From: ​ J ane Doe
123 West Jackson Street
Phoenix, Arizona 85005
[Date]
To: ​ A BC Student Loan Provider
9876 Student Loan Provider Ave.
Tucson, Arizona 85708
To whom it may concern,
I am writing to you today to request a deferment on my student loans because of my
ongoing financial hardship. To be more specific about my situation, it is not possible for
me to continue to pay the balance on my student loans because I have recently lost my
job and this has put me in an extremely difficult place financially.
I have paid my previous bills and payments on time and in full for the last 12 months
without ever having any issues missing a payment. The obligations I made to pay this
debt have not changed, so I would not want you to think otherwise. It is simply that my
current financial situation has put me in an impossible situation to continue making these
payments at the current time.
I have provided proof of my current financial hardship in this letter in the form of pay
stubs from my previous place of work and other relevant information that will prove the
desperate situation I am currently in.
Thank you for considering my situation. If more information is required please contact
me at (602) 3344-1234, or by email at Janedoe@email.com.
Sincerely,
Jane Doe
[Signature]
From: ​ J ane Doe
123 West Jackson Street
Phoenix, Arizona 85005
[Date]
To: ​ A BC Student Loan Provider
9876 Student Loan Provider Ave.
Tucson, Arizona 85708
To whom it may concern,
I am writing to you today to request a deferment on my student loans because of my
ongoing financial hardship. To be more specific about my situation, it is not possible for
me to continue to pay the balance on my student loans because I have recently lost my
job and this has put me in an extremely difficult place financially.
I have paid my previous bills and payments on time and in full for the last 12 months
without ever having any issues missing a payment. The obligations I made to pay this
debt have not changed, so I would not want you to think otherwise. It is simply that my
current financial situation has put me in an impossible situation to continue making these
payments at the current time.
I have provided proof of my current financial hardship in this letter in the form of pay
stubs from my previous place of work and other relevant information that will prove the
desperate situation I am currently in.
Thank you for considering my situation. If more information is required please contact
me at (602) 3344-1234, or by email at Janedoe@email.com.
Sincerely,
Jane Doe
[Signature]