After School and in Repayment

Now that you are in repayment, there are some important things to keep in mind while you are paying off your student loans. Below is some information about being in repayment.

Differences between Forgiveness, Cancellation, and Discharge

While the terms forgiveness, cancellation, and discharge all have similar meanings, there are some key differences to keep in mind as you explore what may be available to you. Please visit for more information.

Public Service Loan Forgiveness (PSLF)

The PSLF program is intended to encourage individuals to enter and continue to work full-time in public service jobs. Under this program, you may qualify for forgiveness of the remaining balance due on your Federal Direct Loan Program loans after you have made 120 qualifying payments on those loans while employed full time by certain public service employers.

Eligibility Requirements for PSLF:

To learn more and find out if you qualify, visit

Teacher Loan Forgiveness

The Stafford Loan Forgiveness Program for Teachers is intended to encourage individuals to enter and remain in the teaching profession. Under this program, you may receive loan forgiveness of up to $17,500 if you teach for five consecutive academic years in schools or educational service agencies that serve low-income families, along with other requirements.

To learn more and find out if you qualify, visit Federal Student Aid.

Perkins Loan Cancellation and Discharge

The following Federal Perkins Loan Program cancellations apply to individuals who perform certain types of public service or are employed in certain occupations.

For each complete year of service, a percentage of the loan may be canceled. The total percentage of the loan that can be canceled depends on the type of service performed. Depending on the type of loan you have and when that loan was taken out, you may be eligible to cancel part of your entire loan if you have served as one of the following:

To learn more or find out if you qualify, contact the university’s Federal Perkins Loan specialist with any questions at 503-554-2239 or

Loan Default and Delinquency

Loan Delinquency

What does this mean for you?

Loan Default

What does this mean for you? 

To read more about what would happen if you default on a student loan please visit To see how to make sure that you avoid default, please visit to see what steps to take to help you avoid defaulting on your student loans such as seeking forbearance