Deferments Conditions for Perkins Loans

Borrower is eligible to defer payment: Perkins Loan After 6/30/87 Perkins Loan After 6/30/90
While enrolled at least halftime
Yes
Yes
While seeking and unable to
find full-time employment/
experiencing economic hardship.
Yes
Up to 2 years
Yes
Up to 3 yers
While doing professional
internship/residency
Yes
Up to 2 years
No
While a member of U.S. Army, Navy,
Air Force, or Coast Guard.
Yes
Up to 3 years
Yes
Up to 3 years
While a Peace Corps volunteer or Vista volunteer.
Yes
Up to 3 years
No
While full-time volunteer for a tax-exempt
organization in service comparable to
Peace Corps or Vista.
Yes
Uo to 3 years
No
While an officer in the Commissioned
Corps of U.S. Public Health Service.
Yes
Up to 3 years
No
While temporarily disabled or unable to attend
school or work because caring for temp. totally
disabled spouse/dependent.
Yes
Up to 3 years
No
While on full-time active duty as member
of the NOAA Corps.
Yes
Up to 3 years
No
While student is a mother of preschool age children
and is going to work or back to work at
a salary no more than $1.00 above minimum wage.
Yes
Up to 3 years
No
Forbearnce, if the borrower's annual
repayment obligation equals or exceeds 20%
of borrower's gross income.
Yes
Up to 3 years
Yes
Up to 3 years



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