Federal Loan Facts
For additional information on your Perkins and/or Health Professions student loan(s), please see the fact sheets below. These fact sheets are provided by the U.S. Department of Education and are here for your reference.
- Federal Perkins Student Loans Fact Sheet
- Borrowers Rights and Responsibilities
- Health Professions Student Loans Fact Sheet (HPSL,LDS,PCL)
- Federal Perkins Master Promissory Note (MPN)
Please use the table below to determine deferment eligibility for your Perkins/NDSL loan(s).
| Deferment Condition | All loans disbursed on or after
7/1/93 |
Federal Perkins disbursed on or after 7/1/87 but before
7/1/93 |
National Direct disbursed on or after 10/1/80 but before
6/30/87 |
National Direct disbursed before 10/1/80 | Notes |
|---|---|---|---|---|---|
| At least half-time student | Yes | Yes | Yes | Yes | Form required for each quarter/sem. after official registration |
| Rehabilitation Training | Yes | Yes* | Yes* | Yes* | For disabled individuals |
| Graduate Fellowship | Yes | Yes* | Yes* | Yes* | Form required each year; must be full time |
| Internship/residency | No | Two years* | Two years* | No | Must be required to begin professional practice |
| Dental residency | Yes | Yes | Yes | No | Must be required to begin professional practice |
| Inability to secure full-time job | Three years | Yes* | Yes | Yes | This form cannot be used for deferment—Contact your lender |
| Economic hardship | Three years | Yes* | Yes | Yes | This form cannot be used for deferment—Contact your lender |
| Full-time volunteer for tax-exempt org. | No | Three years* | Three years* | No | On full-time active duty; entire enlistment required |
| Peace Corps/Action | Yes+ | Three years | Three years | Three years | Entire enlistment required |
| U.S. Armed Services | During war time, military operation or national emergency | Three years | Three years | Three years | Entire enlistment required |
| Service eligible for cancellation | Yes+ | Yes+ | Yes+ | Yes+ | Use other side of form for teaching or employment deferment |
| Officer in PHS | No | Three years | Three years | No | Commissioned Corps of Public Health Service |
| NOAAC | No | Three years* | No | No | National Oceanic & Atmospheric Administration Corps |
| Temporary total disability borrower/spouse | No | Three years* | Three years* | No | Cannot be employed or attending school |
| Care of totally disabled dependent | No | Three years* | No | No | Cannot be employed or attending school |
| Mother returning to work | No | One year* | No | No | Preschool children |
| Parental leave | No | Six months* | No | No | Pregnancy, newborn or child adoption |
*Additional documentation required. Please contact servicer.
+Deferment is only for Federal Perkins cancellation period.