A student loan payoff letter, also called a payoff statement or loan verification letter, outlines your loan's essential details. Please provide a payoff statement for the referenced loan(s) below.Private Loan Payoff Letter Template offers a clear and professional format for requesting an official statement of your loan payoff balance. 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. The first step is to get in touch with your lender or loan servicer. You can find their contact information on your monthly statements. If you're paying off your loan in full, you need to contact your student loan servicer to get a loan payoff quote, according to NerdWallet. Interested in borrowing money for a mortgage, personal loan, or auto loan? Read through these common FAQs with Fifth Third Bank to learn more and apply.