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Home » Loan Cancellation » Federal Cancellation » Perkins Loans
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Perkins Loans

Perkins loans were low-interest student loans for both undergraduate and graduate students with exceptional financial need. Perkins Loans were originated and serviced by participating schools and repaid to the school.  For now, there are no new Perkins loans  being made.  The Department has posted information about the winding down of the Perkins program.

Perkins loan cancellations (full or partial) are available if you are a:

  • Full-time teacher in a designated elementary or secondary school serving students from low-income families
  • Full-time teacher at any school of math, science, foreign languages, bilingual education, or other fields designated as teacher shortage areas
  • Full-time special education teacher (includes teaching children with disabilities) in a public or other nonprofit elementary or secondary school
  • Full-time qualified professional provider of early intervention services for the disabled
  • Full-time employee of a public or nonprofit child- or family-services agency providing services to high-risk children and their families from low-income communities
  • Full-time nurse or medical technician
  • Full-time law enforcement or corrections officer
  • Full-time staff member in the education component of a Head Start Program
  • Vista or Peace Corps volunteer (up to 70%)
  • Active duty servicemember in the U.S. Armed Forces (up to 50% in areas of hostilities or imminent danger)

The Department has a post listing the various Perkins cancellations.

What type of loan do I have?

Get started by finding out what kind of loan you have.

If you think you might be eligible for one of these cancellations, it is a good idea to gather more information and discuss this option with your loan holder before consolidating with the Direct Loan program.  You will not be eligible for the special Perkins loan cancellations if you consolidate your Perkins loan along with your other federal loans.

 

 

 

 

 

 

 

 

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  • Is it possible to cancel (also known as discharge) a federal student loan?
  • Does it matter what type of loan I have?
  • How do I apply for a loan discharge?
  • Can I discharge my student loans if I am dissatisfied with the school I attended?
  • Is there a discharge for military service?
  • Will collection stop while I’m waiting for a reply to a discharge application?
  • Is evidence of a Social Security or Veteran Affairs disability decision sufficient to qualify for a student loan disability discharge?
  • Am I eligible for job-related loan forgiveness programs?
  • Can I cancel my loan if I’m working in a public service job?
  • Can I get my federal loans canceled if I pay for a certain period of time, but am not working in a public service job?

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Please understand that we do not provide legal advice about individual cases. This web site includes links to other resources for those who seek individualized legal advice or other help not offered here. This site is for people who already have student loans and want to know more about their options and rights.
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