For employment as a full-time attorney employed in a federal public defender organization or community defender organizations, you may be eligible for partial cancellation of your Perkins Loan made on or after August 14, 2008, if you meet certain criteria.
- a community defender organization is a defender organization established in accordance with section 3006A(g)(2)(B) of Title 18, United States Code.
- a federal public defender organization is a defender organization established in accordance with section 3006A(g)(2)(A) of Title 18, United States Code.
Cancellation Rates for Public Defender
- first and second years; 15% of the original principal loan amount, plus the interest that accrued during the year.
- third and fourth years; 20% of the original principal loan amount, plus the interest that accrued during the year.
- fifth year; 30% of the original principal loan amount, plus any interest that accrued during the year.