There are numerous ways a Perkins Loan borrower can get all or a portion of their Perkins Loans forgiven. The following charts list the program-specific cancellation provisions.
The first chart lists Perkins Loan cancellation provisions related to children and teaching, including librarians, special education teachers; and Head Start, pre-K, and childcare programs.
The next chart lists Federal Perkins loan cancellation provisions for other occupations.
Perkins Loans are also eligible for public service loan forgiveness if included in a Direct Consolidation Loan. Consolidating a Perkins Loan, however, will cause the loan to lose the cancellation and forgiveness provisions listed above and subsidized interest benefits. It may also increase the interest rate on the loan.
The last chart lists Perkins Loan cancellation provisions that are not related to specific occupations.