Federal Perkins Cancellation

SUBJECT: Federal Perkins Cancellation This assessment provides you with an opportunity to review your procedures regarding Federal Perkins cancellation. In addition, file review worksheets are provided in the chart below. If you identify areas requiring a corrective action, we recommend that you complete an Action Plan. Additional Links: 2024-2025 FSA Handbook, Volume 6, Campus-Based Programs, Chapter 4 (digital version); pdf version For reference, the table below lists the regulatory areas related to Perkins Cancellation. The left column shows the title of the regulatory section and summarizes the main content of some of the sections. The middle column includes a link to each regulatory section in the Electronic Code of Federal Regulations and any related guidance posted in the Knowledge Center. Where applicable, the associated assessment activity is listed in the third column.

Perkins Cancellation Regulations

Section Title

Links

Assessment Activity

Special Definitions 34 CFR 674.51

Cancellation Procedures 34 CFR 674.52 Application for Cancellation

  • Part-time Employment

  • Cancellation of a defaulted loan

  • Concurrent deferment period

  • National community service

Teacher Cancellation 34 CFR 674.53 Full-time teaching in an elementary or secondary school serving low-income students

  • Full-time teaching in special education

  • Full-time teaching in Fields of expertise

  • Cancellation rates

  • Teaching in a school system

  • Teaching children and adults

Employment Cancellations 34 CFR 674.56

Law Enforcement or Corrections Officer Cancellation 34 CFR 674.57

Head Start Cancellation 34 CFR 674.58

Military Service Cancellation 34 CFR 674.59

Volunteer Service Cancellation 34 CFR 674.60

Prior Service cancellation limitations 34 CFR 674.62(a)

Payment Refund 34 CFR 674.62(b)

Reimbursing Amounts Canceled 34 CFR 674.63

Discharges due to school closure 34 CFR 674.33(g)

  • Relief pursuant to discharge

  • Determination of borrower qualification for discharge by the Secretary

  • Borrower Qualification for discharge

  • Fraudulently obtained loans

  • Cooperation by borrower in enforcement actions

  • Transfer to the Secretary of borrower's right of recovery against third parties

  • Discharge procedures

Bankruptcy Discharges 34 CFR 674.49

  • General

  • Proof of claim

  • Borrower's request for determination of dischargeability

  • Chapter 13 Repayment Plan

  • Resuming/terminating billing and collection

  • Bankruptcy and Student Eligibility

Death Discharge 34 CFR 674.61(a)

Total and Permanent Disability Discharge 34 CFR 674.61(b)

Last Modified: 11/25/2024