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You are here: Divisions » Fiscal & Administrative Services-Dale M. Dennis » School Finance » Teacher Loan Cancellation » Steps for Cancellation

        
   

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Craig Neuenswander
Phone:  785.296.3872
Email:  craign@ksde.org  


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Phone:  785.296.2020
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Steps for Cancellation

 

If you are a teacher in a qualifying low-income school building in Kansas, follow the steps below to apply for cancellation of your Perkins Loan:

Step 1  

This is for cancellation - not deferment - of your loan.

At the beginning of the school year, contact the student loan repayment center (generally the college from which you graduated) where you presently pay or will make payments on your loan or loans. Ask them to send you the appropriate forms to apply for cancellation of your loans.

Step 2 Fill out the cancellation forms completely.
Step 3 Have your principal or superintendent of schools sign the forms verifying your employment.
Step 4 Mail your completed forms to your student loan repayment center.
Step 5 At the end of the school year, you must again have your principal or superintendent of schools sign the forms verifying your employment that you taught the entire school year.
Step 6 Mail your completed forms to your student loan repayment center.
  NOTE: Former students who are teachers who have Stafford Loans that began teaching in the school year 1998-99 or later may also qualify for loan cancellation. They must meet the same eligibility requirements as the Perkins loan (low-income above 30.1% and is an accredited school). However, you cannot have any unpaid Stafford Loans before October 1, 1998 and still qualify (i.e., 1998 must be your first loan).

       
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