Early Intervention Cancellation

A borrower may be entitled to receive cancellation benefits as a full-time qualified professional provider of early intervention services in a public or other nonprofit program under public supervision by a lead agency as authorized by section 632(4) of the Individuals with Disabilities Education Act. Early Intervention Services are provided to infants and toddlers, under the age of two, with disabilities.

The cancellation rate for each completed year of service is as follows:

  • 15% of the original principal loan amount plus accrued interest for the first and second years of service.
  • 20% of the original principal loan amount plus accrued interest for the third and fourth years of service.
  • 30% of the original principal loan amount plus accrued interest for the fifth year of service.

Maximum Amount Canceled – Up to 100%

Download Request for Cancellation