What if I want to cancel my SoFi Private Student Loan before it funds? September 12, 2020 22:06 Updated When your Final Disclosure is generated after your school certifies the loan, there is a 7-day rescission period (not counting Sundays and holidays) where you may contact us here to cancel the loan. Related articles How do I delete my SoFi account? How do I close my SoFi Money cash management account? How do I change the email address on my account? Why did the amount I requested to borrow on my loan change? Can you cancel my application? I qualified for a better rate elsewhere.