What will I need to fill out the FAFSA® form? Ask my own question.Here's a simple format for writing a letter to your bank in India regarding the repayment of your educational loan: Your Name. Complete your Annual Student Loan Acknowledgment to learn about your student aid options and federal student loan repayment obligations. Accept Your Actual Financial Aid Offer. Preparing for Federal Loan repayment? As an entering new student, you will receive a preliminary Financial Aid Offer notification with an estimate of the financial aid that you are eligible for. This program will help you write a letter that formally requests the money you are owed. This is called a Demand Letter. Fill out an application for an income-driven repayment (IDR) plan or recertify your existing IDR plan to potentially lower your student loan payments.