Is there a penalty for canceling the DS-2019 form?

I have received a DS-2019 (to apply for a J-1 visa) from a university for an internship. However, I may need to cancel (invalidate?) the form for personal reasons. I want to know:

  1. Is there a cancellation fee?
  2. Will this affect me if I need to apply for a US visa in the future (e.g., F-1)?

In general, are there any consequences for canceling the form?

Thank you.

submitted by /u/EquivalentHurry513
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