Six (6) % interest rate cap under the Servicemembers Civil Relief Act (SCRA).

If you are eligible for the 6% interest rate cap, send a written request for the SCRA benefit and include a copy of your orders calling you to active duty.

You may apply for the SCRA benefit up to 180 days after you leave active duty.

If your loan has an interest rate greater than 6% or your interest rate with fees, etc. would be equal to or greater than 6%, please contact your lending institution directly to determine if your loan is eligible for the SCRA benefit.

To determine your current interest rate, View Account Details.

Military Service
(subject to eligibility requirements)

Available for Perkins Loans made prior to July 1, 1993 if (1) you are serving on active duty in the Armed Forces or performing qualifying National Guard duty in connection with a war or other military operation or national emergency; or (2) you are a member of the U.S. Army, Navy, Air Force, Marines, Coast Guard or a member of the National Guard or the Reserves serving a period of full-time active duty in the Armed Forces.

Available for HPSL/NSL and NFL Loans
if you are serving full-time active duty in the U.S. Army, Navy, Air Force, Marines, Coast Guard, National Oceanic and Atmospheric Administration, or in the U.S. Public Health Service.

You may submit a written request for the 6% interest rate cap under SCRA separately or with your deferment. Include a copy of your orders calling you to active duty with your request for SCRA.

Military Service and Post-Active Duty Student Deferment
(for Perkins Loans made on or after July 1, 1993)

Serving on active duty in the Armed Forces, Reserves, or qualifying National Guard duty, in connection with a war or other military operation or national emergency performed after 2001.

You may submit a written request for the 6% interest rate cap under SCRA separately or with your deferment. Include a copy of your orders calling you to active duty with your request for SCRA.

National Oceanic and Atmospheric Administration (NOAA)
Available for NDSL and Perkins loans made before July 1, 1993

Serving active duty as a member of NOAA.

Authorized Official Certification Required.

If you are a commissioned officer of NOAA, you may submit a written request for the 6% interest rate cap under SCRA separately or with your deferment. Include a copy of your orders calling you to active duty with your request for SCRA.

Public Health Service
Available for NDSL and Perkins loans made before July 1, 1993

Serving full-time active duty as an officer in the Commissioned Corps of the Public Health Service.

You may submit a written request for the 6% interest rate cap under SCRA separately or with your deferment. Include a copy of your orders calling you to active duty with your request for SCRA.

Authorized Official Certification Required.

Military Service Cancellation Benefit

Download Cancellation Form

Available for Perkins or NDSL/Perkins Loans and subject to eligibility requirements.

Available for Perkins Loans if (1) you are serving on active duty in the Armed Forces or performing qualifying National Guard duty in connection with a war or other military operation or national emergency; or (2) you are a member of the U.S. Army, Navy, Air Force, Marines, Coast Guard or a member of the National Guard or the Reserves serving a period of full-time active duty in the Armed Forces.

Military Service Cancellation for Institutional Loans

Please contact your lending institution directly for information on cancellation benefits, if any.