Student Loan & Debt Management Resource Center
As a student loan borrower you have privileges. The privileges you have depend on the type of loan you have and when you signed the promissory note. Common privileges are deferment, forbearance, and cancellation or loan forgiveness. These privileges can be used when you are having difficulty paying your loan back, or are in a specific of circumstances. Follow the links below to find out the privileges for the three federal loan programs.
Perkins Loan Deferment & Forbearance Page
Perkins Loan Cancellation Page
Direct Loan
Deferment & Forbearance Page
Exit Counseling Guide for
Borrowers