Sure, no problem. There are some ways or methods that will get your federal perkins loan fully canceled or even discharged.
Do you want to give it a try?
Yes, I would like to see if this is possible, to try it.
Great. Do you want to know which are the requirements for this?
Yes, please. Tell me what needs to be done to reach this goal.
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?
Yes, I am currently working in a elementary school.
That's is just great. Is this a school for low income families?
No, not really, but I'm not pretty sure.
OK, but here do you serve as a special education teacher?
No, not at all.
And what about science, mathematics, languages or fields that the states needs?
No, not exactly, as far as I know.
Then, if that's the case. You probably won't be able to get a cancellation of your loan, sorry.
Ok, before we get into that, there's something I need to remember. When my old school closed, I transferred the credits to my new curriculum at a new school. My school's closure was not my fault, but does this mean I'm no longer eligible for discharge of the loans I took out at the closed school?
No. ransfer of credits from the closed school to a completely different program of study at the new school does not disqualify you for discharge.
I have another question for Total Permanent Disability, what other documents will I need?