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CANCELLATION RATES
| Military |
12.5% per year for 4 years maximum. Maximum
cancellation of 50% of original loan. |
| Peace Corps/VISTA |
15% for 1st and 2nd year 20%
for 3rd and 4th year
Maximum cancellation of 70% of original loan. |
| Head Start |
15% for 1st through 6th
year 10% for 7th year
Maximum cancellation of 100% of original loan |
| All Others |
15% for 1st and 2nd year 20%
for 3rd and 4th year
30% for 5th year
Maximum cancellation of 100% of original loan |
Date this page was last updated
January 28, 2000
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This page was developed by and is maintained by Dawn M.
Herzig- Financial Services mailto:herzig@uwosh.edu
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