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Perkins Loan Cancellations

Published on AidPage by IDILOGIC on Jun 24, 2005

Administered by:

Purpose of this program:

To reimburse institutions for their share of loans canceled for Perkins Loan recipients who become teachers or who perform full-time active military service in the U.S. Armed Forces, and to restore to institutional revolving funds the full amounts of Direct and Federal Perkins Loans canceled for certain types of teaching service, Head Start service, military service in areas of hostility, law enforcement or corrections officer service, service as a nurse or medical technician, service to certain types of high risk children, and (for Federal Perkins Loans only) volunteer service.