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Home > Student Accounting Services > Perkins/Institutional Loan Office >
Deferment & Cancellation Information
Deferment of Loan
Payments
Under certain circumstances, the borrower can
receive a deferment or forbearance on his/her loan. During a deferment,
the borrower is
allowed
to temporarily postpone payment on the loan, and no interest accrues.
Deferment may be received under certain conditions, such as unemployment. Click here for a list of deferments
available.
Deferments are not automatic. The borrower must apply
for deferment through the school holding the loan by using the request
form provided by that school. The deferment request must be filed on
time or late charges may apply. For more details on deferment, contact
the Whitworth Student Loan Office.
A borrower, who is temporarily unable to meet his /her repayment schedule
but is not eligible for a deferment, may be eligible for forbearance
for a limited and specific period. During forbearance payments are postponed
or reduced. Interest continues to accrue and it becomes part of the borrower's
responsibility.
Forbearance is not automatic. It may be granted in up to 12-month periods
for up to three years. Forbearance must be applied for in writing through
the school. Documentation must be provided to support the request for
forbearance. Scheduled payments must continue being made until there
is notification that deferment or forbearance has been granted.
Cancellation
A loan can qualify for cancellation under certain conditions,
provided the loan is not in default; for example, if a borrower dies
or becomes totally and permanently disabled, the loan can be cancelled. To see the list
of cancellation conditions, click here. For more information,
contact the Whitworth Student Loan Office.
The Department of Defense may, as an enlistment
incentive for students serving as enlisted persons in certain specialties
of the U.S. Armed
Forces, repay a portion of a borrower's student loans. This is
not a cancellation. Those who think they qualify should contact their
recruiting officer.
For any questions about terms regarding Federal Perkins Loans, repayment,
deferment, forbearance, or cancellation, please contact the Whitworth Student Loan
Office. Only Whitworth may grant deferment, forbearance, or cancellation,
or make other decisions concerning the loan.
Perkins Discharge/Cancellation Summary
| Cancellation
Condition |
Amount Forgiven |
Notes |
| Borrower's total and permanent disability
or death. |
100 percent |
Death Certificate. |
| Full-time teacher in a designated
elementary or secondary school serving students from low-income families |
Up to 100 percent
15 percent years 1 and 2
20 percent years 3 and 4
30 percent year 5
|
Service qualifies for deferment also. |
| Full-time special education teacher
(includes teaching children with disabilities in a public or other
non-profit elementary or secondary school) |
Up to 100 percent |
Service qualifies for deferment also. |
| Full-time qualified professional provider
of early intervention services for the disabled. |
Up to 100 percent |
Service qualifies for deferment also. |
| Full-time teacher of math, science,
foreign languages, bilingual education, or in other fields designated
as teacher shortage areas. |
Up to 100 percent |
Service qualifies for deferment also. |
| Full-time employee of a public or
non-profit child--or family--services agency providing services to
high-risk children and their families from low-income communities |
Up to 100 percent |
Service qualifies for deferment also. |
Full-time nurse or medical technician
Click
here for a list of allied professions
|
Up to 100 percent |
Service qualifies for deferment also. |
| Service as a full-time law enforcement
or corrections officer. |
Up to 100 percent |
Service qualifies for deferment also. |
| Full-time services as a staff member
in the education component of a Head Start Program. |
Up to 100 percent
15 percent per year |
Service qualifies for deferment also. |
| Service as a Vista or Peace Corps
volunteer. |
Up to 70 percent
15 percent years 1 and 2
20 percent years 3 and 4 |
Service qualifies for deferment also. |
| Service in the U.S. Armed Forces |
Up to 50 percent in areas of hostilities
or imminent danger |
Service qualifies for deferment also. |
As of Oct. 7, 1998, all Perkins
Loan borrowers are eligible for all cancellation benefits regardless of
when the loan was made or the terms of the borrower's promissory notes.
However, this new benefit is not retroactive to services performed before
Oct. 7, 1998.
| Accrediting Agencies For Allied Health Professionals |
| Accreditation Council for Occupational Therapy Education (ACOTE) |
Occupational Therapist
Occupational Therapist Assistant |
| Accreditation Review Commission on Education for the Physician
Assistant (ARC-PA) |
Physician Assistant |
| American Art Therapy Association (AATA) |
Art Therapist |
| American Board of Genetic Counseling (ABGC) |
Genetic Counselor |
| American Orthoptic Council (AOC) |
Orthopist |
| American Physical Therapy Association (APTA) |
Physical Therapist
Physical Therapist Assistant |
| Commission on Accreditation of Allied Health Education Programs
(CAAHEP) |
Anesthesiologist Assistant
Athletic Trainer
Cardiovascular Technologist
Cytotechnologist
Diagnostic Medical Sonographer
Electroneurodiagnostic Technologist
Emergency Medical Technician-Paramedic
Health Information Administrator
Kinesiotherapist
Medical Assistant
Medical Illustrator
Ophthalmic Medical Technician/Technologist
Orthotist/Prothetist
Perfusionist
Respiratory Therapist (Advanced)
Respiratory Therapist (Entry Level)
Specialist in Blood Bank Technology
Surgical Technologist |
| Commission on Accreditation for Dietetics Education (CADE) of the
America Dietetic Association |
Dietetic Technician
Dietitian/Nutritionist |
| Commission on Dental Accreditation (CDA) of the American Dental
Association |
Dental Assistant
Dental Hygienist
Dental Laboratory Technician |
| Commission for Opticianry Accreditation |
Opthalmic Dispensing Optician
Opthalmic Laboratory Technician |
| Council for Accreditation of Counseling and Referred Educational
Programs (CACREP) |
Community Counselor
Marriage and Family Counselor/Therapist
Mental Health Counselor
Student Affairs Practitioner
School Counselor |
| Council on Academic Accreditation in Audiology and Speech-Language
Pathology |
Audiologist
Speech-Language Pathologist |
| Council on Accreditation of the National Recreation and Park Association |
Therapeutic Recreation Specialist |
| Council on Rehabilitation Education |
Rehabilitation Counselor |
| Joint Review Committee on Education in Radiologic Technology |
Radiation Therapist
Radiographer |
| Joint Review Committee on Education Programs in Nuclear Medicine
Technology (JRCNMT) |
Nuclear Medicine Technology |
| National Accrediting Agency for Clinical Laboratory Sciences (NAACLS) |
Clinical Lab Technician/Med Lab Tech - AA
Clinical Lab Technician/Med Lab Tech - Certificate
Clinical Lab Scientist/Medical Technologist
Histologic Technician/Technologist
Pathologists' Assistant |
| National Association for School of Music (NASM) |
Music Therapist |
| American Pharmaceutical Association |
Pharmacist
Pharmacy Technician
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