* Se habla español [divider style =» 0 ″][headline style =» 1 ″ align =» left»] TEACHER CANCELLATION [/ headline] If you have a loan from the Federal Perkins Loan Program you might be eligible
for loan cancellation for full - time teaching at a low - income school, or for teaching in certain subject areas.
There are some great options for those who are looking to consolidate after school, but for the Peace Corps, once you commit to a consolidation loan, your Perkins loans will no longer be
eligible for loan cancellation.
There are some great options for those who are looking to consolidate after school, but for the Peace Corps, once you commit to a consolidation loan, your Perkins loans will no longer be eligible
for loan cancellation.
Alternatively, teachers who agree to teach a high need field, such as a foreign language, math, or science can also be eligible
for loan cancellation.
Borrowers with Perkins loans may qualify
for loan cancellation (also referred to as discharge) if they work at a school that is eligible for Title 1 funds or teach in a shortage area subject or are special education teachers.
You may also benefit from deferment while performing service that qualifies
for loan cancellation, so you won't have to make any payments on your Perkins loans while you're working towards loan discharge.