Please submit the following information with the form: Deed of Trust; Borrower(s) Signed Authorization; The Signed Loan Payoff Request Form. The liber and page of the original recording is included in the recording fee.Virtually all students at Oakland Community College qualify for some type of federal student loan to help them pay for college. The Policies and Conditions are published to help Oakland University students understand the policies related to financial assistance. A mortgage payoff letter can come in two forms. One form tells borrowers the remaining principal amount and interest they have to pay to close out the loan. You must first complete the Petition for Tuition Refund form and provide the required documentation in order for your request to be considered. This form is used to determine a student's eligibility for grants, loans, work-study, and OCU institutional aid.