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You
are eligible to cancel part or all of your loan(s) if you
are employed full-time for a full year at one of the qualifying
service's listed below:
- Full-time
Law Enforcement or Corrections Officer: Employed in a federal,
state, or local qualifying agency. Law Enforcement support
staffs do not qualify.
- Full-time
Teaching in a Low Income School: To see if your school qualifies
click on link FSA
Students Portal - Perkins Loan Cancellation scroll down
and click on the year you were teaching or are teaching.
- Total
and Permanent disability or death of a borrower: Total disability
must be physician certified.
- Full-time
Teaching Special Education: At a public or non-profit elementary
or secondary system.
- Full-time
teaching: In Math, Sciences, Bilingual Education or any
field of expertise determined by the state education agency
to have a shortage of qualified teachers.
- Provider
of Early Intervention Services: In a public or non-profit
program under public supervision by a lead agency.
- Provider
or Supervisor of Provision of Services to High Risk Children
from Low Income Communities and their families: Employed
in a public or non-profit child or family services agency.
- Nurse
or Medical Technician: Full-time nursing or medical technicians
providing direct health care services, secretarial or support
staffing do not qualify.
- Peace
Corp or ACTION Program Volunteer: Qualifying service under
the Peace Corps Act or as a volunteer under the Domestic
Volunteer Service Act may cancel up to 70% of your loans.
- Military
Cancellation: Serving in the U.S. Armed Forces in an area
of hostilities that qualifies for special pay may cancel
up to 50% of your loans.
Cancellation
forms must be certified by employer and back up documentation
such as job descriptions is also required. All qualifying
services must be full-time in every case. If you have any
questions please contact Megin Soriano at (626) 395-6752 or
email at megin.soriano@caltech.edu
[Deferments]
[Permanent and Total Disability] |