The Perkins loan program may be history, but that doesnt stop it from haunting your present.
But if youre working in public service, you could potentially have yourPerkins loans canceled.
Like other student loan forgiveness programs, obtaining Perkins loan forgiveness is not an easy or quick process.
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Additionally, if you refinance or consolidate your Perkins loans, you are not eligible for this forgiveness program.
Cancelation is also granted in increments:
3.
The following conditions are eligible:
How Do I Apply?
What Happens if I Receive Forgiveness?
Any interest that the loan accrued during that year will also be forgiven.
What Happens if I Dont Receive Forgiveness?
Tiffany Wendeln Connors is a staff writer/editor at The Penny Hoarder.
Readher bio and other work here, then catch her on Twitter @TiffanyWendeln.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
