Yes under certain conditions you may be discharged from your loan or you may have a portion of your loan canceled based on your employment or volunteer service.
What are the eligibility requirements for the cancellation of a Perkins loan?
Do you have a Perkins Loan?
Yes I do.
Have you served full-time in a public or non-profit elementary or secondary school as a teacher?
Yes I have as a teacher in a school serving students from low income families.
You mentioned a school serving student from low income families. Please confirm that you were a teacher in such a school.
No I did not.
Have you been a special education teacher?
No I have not been a special education teacher.
Have you been a 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?
No I have not.
In that case I am afraid that you will not qualify for cancellation of part of your Federal Perkins Loan.
Alright. Is there any other way to trasnfer my academic credits or hours from closed school. But am I still eligible for a disacharge at least?
You may be eligible for discharge if you completed or are in the process of completing a comparable program at another school.
Where can I go to get more information regarding the TPD download in respect of any TPD loan discharge I may be entitled to?