Get College Foundation Unemployment Deferment Form

You may be eligible to have all or a portion of your Federal Perkins Loan canceled (based on your employment or volunteer service) or discharged (under certain conditions). Learn more to see whether you are eligible and how to apply.

A borrower must repay his or her loan, plus interest, in 10 years. This repayment period never includes authorized periods of deferment, forbearance, or cancellation. The repayment plan must be established and disclosed to the student before the student ceases to be enrolled at least half-time.

Perkins Loans? Yes, it's possible to consolidate Perkins Loans into a Direct Consolidation Loan by themselves. Furthermore, all Perkins Loans consolidated into the Federal Direct Loan Program are included in the unsubsidized portion of the Direct Consolidation Loan.

This deferment is to be used for Stafford, SLS, PLUS Loans or Consolidation borrowers completing their graduate fellowship. An In-school deferment covers both full and half-time study at an eligible school. Schools that go through the Clearinghouse do not require a form. Check with your school.

The Federal Perkins Loan Program offers borrowers a variety of forbearance, deferment, and cancellation options.

Yes. Both payments and interest are automatically suspended on all federally held Federal Perkins Loans during the same period as the COVID-19 student loan payment pause.