Perkins Loans could be entitled to repayments modified to match your earnings degree, but only into a federal direct consolidation loan ï»¿ ï»¿ if you consolidate them payday loans OK . The Department of Education cautions that for Perkins Loan cancellation advantages, you ought not consist of your Perkins Loans whenever you consolidate."if you have got federal Perkins Loans and you're used in an occupation that will qualify you"
If you should be within an career entitled to loan cancellation, never combine your Perkins loan in to a federal plan that is direct.
You can find four repayment that is income-driven, which vary somewhat inside their details: