Find Out How to Qualify for Having 100% of your Perkins Loans Forgiven via the Perkins Loan Cancellation Program

It may not be the best Student Loan Forgiveness Program for Nurses on offer, but the Perkins Loan Cancellation Program is pretty dang close to being top of the pile.

Perkins Loan Forgiveness for Nurses, Licensed Medical Technicians and Medical Assistants allows full-time Nurses and Licensed Medical Technicians to receive student loan debt forgiveness benefits on a percentage of their outstanding principal balance and interest accumulation for each year of qualifying service that they complete in the field.

Officially called the Perkins Loan Cancellation Program, the reality is that “loan cancellation” operates the same way as all the other Federal Student Loan Forgiveness Programs: once you satisfy the eligibility conditions of the program, some part of your student debt gets wiped out (“forgiven”).

Perhaps the biggest benefit to the Perkins forgiveness program is that you’re able to receive debt forgiveness for both the original principal amount of your loan, as well as the interest that’s been accumulating on your debt, and that you can qualify for a 100% forgiveness benefit after just 5 years worth of service (to put it into context, that’s twice as fast as the Public Service Loan Forgiveness Program!).

But Before We Get Into The Details…

I want to let you in on a little secret: the only way to find out the fastest, cheapest way to get rid of your loans is to speak with a student loan debt relief expert, and while some people will tell you not to pay anyone for help, I don’t agree with that advice.

Why? Because student loan debt is terribly complicated, and you have to understand the different types of loans, different repayment plans, different forgiveness and cancellation options, and many other factors, in order to truly understand how it all works.

If you don’t want to spends hours researching your options, then I recommend calling the Student Loan Relief Helpline. The Helpline is staffed by debt experts who will review your situation, then tell you how to get rid of your debt as quickly as possible. In fact, they’ll even do it all for you, for a small fee.

Your first call to the Helpline is free, and you’ll only be charged if you agree to let them handle your loans on your behalf, so all you’ve got to lose is a couple minutes of your time.

To reach the Student Loan Relief Helpline, call: 1-888-906-3065.

Which Nurses Are Eligible for Perkins Cancellation?

The Department of Education sets the rules about which nurses are eligible for Perkins loan forgiveness, and currently, each of the following positions allows you to qualify for the benefit:

  • Registered Nurses (RNs)
  • Licensed Practical Nurses (LPNs)
  • Certified Nursing Assistants (CNAs)
  • Medical Assistants (MAs)
  • American Registered Nursing Practitioners (ARNPs)

But that’s not all, because Perkins Loan Cancellation benefits are also available to Licensed Medical Technicians as well.

Which Licensed Medical Technicians Are Eligible?

Licensed Medical Technicians and Allied Health Professionals working in healthcare fields like therapy, medical technology, dental hygiene, and others, may also take advantage of the Perkins Loan Cancellation Program.

To qualify for the benefits, Licensed Medical Technicians must be certified, registered, or licensed by a state agency under which they provide health care services, and they must fit the definition of being someone who “assists, facilitates, or complements the work of physicians or other healthcare specialists”.

Here’s an example list of Licensed Medical Technicians who would qualify for Perkins loan forgiveness benefits:

  • Occupational Therapists
  • Occupational Therapist Assistants
  • Physician Assistants
  • Physical Therapists
  • Physical Therapist Assistants
  • Dental Hygienists
  • Dental Assistants
  • Dental Lab Technicians
  • Respiratory Therapists (Entry Level)
  • Respiratory Therapists (Advanced)
  • Perfusionists
  • Anesthesiologist Assistants
  • Medical Assistants
  • Orthostists / Prothetists
  • Speech Language Pathologists
  • Clinical Lab Technicians with Associates Degrees or Certificates
  • Medical Lab Technicians with Associates Degrees or Certificates

That’s a pretty good percentage of the healthcare industry right there, meaning that far more people than just nurses working in the field of healthcare are available for these excellent benefits.

How Much Debt Gets Cancelled?

Unlike some of the other Student Loan Debt Relief Programs on offer, this one doesn’t cap your benefits by a dollar amount, but as a percentage of your total debt.

Under the Perkins Loan Cancellation Program, a percentage of your loan gets cancelled for each year of service you complete in one of the fields listed above, according to the following schedule:

  • 15% of the Principal Loan + Interest Cancelled after 1 and 2 Years of Full Time Employment
  • 20% of the Principal Loan + Interest Cancelled after 3 and 4 Years of Full Time Employment
  • 30% of the Principal Loan + Interest Cancelled after 5 Years of Full Time Employment

And while some people may think that those numbers look small, these are some of the very best forgiveness benefits available to anyone, anywhere.

In fact, the way the numbers break down is that you’ll receive total cancellation benefits (with 100% of your loans forgiven) after just 5 years of medical service. That’s TWICE as fast as the Public Service Loan Forgiveness Program, the traditional Gold Standard in Federal Student Loan Forgiveness.

I’m not aware of any other program that offers complete student loan forgiveness for just 5 years of service, so in my opinion, this is one of the best forgiveness programs available anywhere.

In fact, even the excellent Military Student Loan Forgiveness Programs are capped by a set dollar amount, and may not completely wipe out student loans like this program does.

How Does Cancellation Work?

Here’s where things get a little tricky – technically, it’s up your school to determine whether or not you’re entitled to have your loan (or some portion of it) cancelled.

You will have to apply for cancellation benefits through your school, by obtaining, completing and submitting whatever forms your school requires (and this varies depending on where you went).

What you’ll want to do is get in touch with your school’s Student Accounting Department or Billing Service to request the required forms for Perkins Loan Cancellation, and they should guide you through the process from there.

You’ll need to provide documentation to prove that you’re working in the medical services field, either as a Nurse or Licensed Medical Technician, but once you can prove that you’re doing that, and that you’ve completed a year of service, your school should start the process of cancelling the appropriate portion of your outstanding student loans.


If you’ve got further questions about how Perkins Loan Forgiveness for Nurses and Licensed Medical Technicians works, please contact your school’s billing department to get an official response.

However, if you have more general questions about student loans and handling student debt, then you’re in the right place, because I’ve spent 10 years developed over 100 Guides on different parts of the student loan debt process, and you’ll find them scattered throughout this website.

To ensure that you’re dealing with your debt in the best way possible, eliminating it as quickly and affordably as you can, be sure to look at my detailed Guides on handling both Federal and Private debt.

For Help with Federal Student Loan Debt, you’ll want to review my Guides on:

And if you need Help with Private Student Loan Debt, then you’ll definitely want to visit my Guides on:

Finally, if you’re looking for help with a very specific part of the process or advice on what you should do, then please feel free to post your question in the Comments section below.

I review Comments daily and will do my best to get you a response within 24 hours.

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Disclaimer:Information obtained from Forget Student Loan Debt is for educational purposes only. You should consult a licensed financial professional before making any financial decisions. This site receives some compensation through affiliate relationships. This site is not endorsed or affiliated with the U.S. Department of Education.


Tim's experience struggling with crushing student loan debt led him to create the website Forget Student Loan Debt in 2011, where he offers advice, tips and tricks for paying off student loans as quickly and affordably as possible.