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Loan Rehabilitation for Perkins Loans
If you default on your Federal Perkins loan, you may rehabilitate your loan by requesting the rehabilitation and by making on-time payments, as determined by the loan holder, each month for twelve consecutive months. If you successfully rehabilitate your defaulted Federal Perkins loan, you will again be subject to the terms and conditions, and qualify for the benefits and privileges, of your original promissory note and the default will be removed from your credit history. You can only rehabilitate a defaulted Federal Perkins loan once.
If you are interested in rehabilitation, please contact the SPU Loan Repayment Office at (206) 281-3534.
Last Updated: 3/24/2008
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