The resources and references in this section are intended for current Cooke Scholars and Alumni. Handbooks. Here's a simple format for writing a letter to your bank in India regarding the repayment of your educational loan: Your Name.Create a Loan Payoff Letter online and download it as a PDF or Word document. Customize and print a blank Loan Payoff Letter for free. A loan repayment form is a document that records the loan repayments and interest due on a loan. This free Loan Repayment Form is a perfect tool for students! This is a sample template letter to your creditors explaining that you can no longer make payments at this time. A debt forgiveness letter informs a debtor that they no longer have to repay a creditor for liabilities owed. The FDIC may be able to assist you in obtaining a lien release if the request is for a customer of a failed bank that was placed into FDIC receivership. Student loan debt relief companies might say they will lower your monthly payment or get your loans forgiven, but they can leave you worse off.