351 West University Blvd
Cedar City, UT 84720
(435) 586-7728
Fax (435)865-8064
www.suu.edu/ss/loans
Loan Collections Office
MILITARY SERVICE CANCELLATION
For Perkins Loan’s
Part 1: To be completed by the borrower.
I hereby apply for cancellation of a portion of my Federal Perkins student loan. Schools must cancel up to
50% of a Perkins Loan if the borrower has served a period of full-time active duty in the armed forces (that
is, the U.S. Army, Navy, Air Force, Marine Corps, or Coast Guard), the National Guard, or the Reserves. The
service must be in an area of hostilities or an area of Imminent danger that qualifies for special pay under
Section 310 of Title 37 of the United States Code.
I understand the cancellation rate for every complete year of qualifying service is 12.5% of the original
Principal loan amount plus any interest that accrued during the year.
My year of combat duty began _____________________ and ended ________________
My present address is _______________________________________________________
My telephone number is ___________________________Email:______________________
|__| Hazardous duty service will continue for the current year also.
Date ____________________ Signed ____________________________________________