If this form is being completed manually or was generated to sign manually, it must be signed using an acceptable signature and submitted to us. Private Student Loan Payments template.You're saying: "I am submitting more money than what I owe; here is how I want the payment processed. Use the Public Service Loan Forgiveness (PSLF) Help Tool to determine whether you're eligible for PSLF programs and guide you through the process. A student loan payoff letter, also called a payoff statement or loan verification letter, outlines your loan's essential details. Applications for Reduced Repayment Before completing an application, contact us to verify which reduced payment plan you are eligible.