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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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