Can you cancel your Federal Perkins Loan?
There are very few scenarios in which you can cancel your Federal Perkins Loan. Those scenarios include these:
- The school you have chosen to attend closes prior to providing you with your anticipated degree.
- You, as the recipient of the funds, die prior to completing the program.
- You, as the recipient of the funds, become disabled and unable to continue your program of study.
- The school you have chosen falsely certified your eligibility for the program.
- You have been falsely enrolled in the program due to the theft of your identity.
- You have chosen to serve full time in a public service capacity, including fire fighting, law enforcement, librarianship, military service or nursing.
