You may be eligible to have all or a portion of your Federal Perkins Loan canceled (based on your employment or volunteer service) or discharged (under certain conditions). 
Learn more to see whether you are eligible and how to apply. Federal Perkins Loan cancellation is based on eligible employment or eligible volunteer service and the length of time that you were in such a position. Discharge of your Perkins Loan may occur under certain circumstances. 

Perkins Loan Teacher Cancellation 


What are the eligibility requirements? 
You qualify for cancellation of up to 100 percent of a Federal Perkins Loan if you have served full - time in a public or nonprofit elementary or secondary school system as a teacher in a school serving students from low - income families ; special education teacher , including teachers of infants, toddlers, children, or youth with disabilities ; or teacher in the fields of mathematics, science, foreign languages, or bilingual education, or in any other field of expertise determined by a state education agency to have a shortage of qualified teachers in that state. Eligibility for teacher cancellation is based on the duties presented in an official position description, not on the position title. To receive a cancellation , you must be directly employed by the school system. There is no provision for canceling Federal Perkins Loans for teaching in postsecondary schools. Note that you also qualify for deferment while you re performing teaching service that qualifies for cancellation. Contact your college or your college s Perkins Loan servicer for information on applying for deferment. 

Who is considered a teacher? 
A teacher is someone including for example, a school librarian or guidance counselor who provides elementary or secondary school students with direct services directly related to classroom teaching. You do not need to be certified or licensed to receive cancellation benefits. However , your employing school must consider you 

user: Hey there. I was looking information related of if there is anyway to get the federal loan canceled or something like that.

assistant: Sure, no problem. There are some ways or methods that will get your federal perkins loan fully canceled or even discharged.

assistant: Do you want to give it a try?

user: Yes, I would like to see if this is possible, to try it.

assistant: Great. Do you want to know which are the requirements for this?

user: Yes, please. Tell me what needs to be done to reach this goal.

assistant: No problem, to qualify for a 100 percent of a federal perkins loan fully cancellation you'll need to have done some things like served full-time in a public or nonprofit elementary or secondary school. Have you done or doing this?

user: Yes, I am currently working in a elementary school.

assistant: That's is just great. Is this a school for low income families?

user: No, not really, but I'm not pretty sure.

assistant: OK, but here do you serve as a special education teacher?

user: No, not at all.

assistant: And what about science, mathematics, languages or fields that the states needs?

user: No, not exactly, as far as I know.

assistant: Then, if that's the case. You probably won't be able to get a cancellation of your loan, sorry.