I need to know if I'm eligible to have my Federal Perkins Loan cancelled.
I'll be happy to help you find out if you are eligible.
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What exactly is the Perkins Loan Teacher Cancellation?
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Are you familiar with the eligibility requirements for the Perkins Loan Teacher Cancellation?
I know a little bit, but I'd like to find out more.
Have you served full-time in a public or non-profit elementary or secondary school system?
Yes. I'm an elementary school teacher at a public school.
Excellent. Do you teach at a school serving students from low-income families?
Yes, I do.
Great. You qualify for cancellation of part or all of your Federal Perkins Loan.
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That is great news. Is there a length of time that I need to have teached before I'm eligible?
Yes. Your eligibility for the loan cancellation and the amount of your loan that will be cancelled depends on the length of time that you have taught.
