Cancellation of loans under the Federal Perkins Loan Program permits Airmen and Guardians on active duty in hostile fire or imminent danger pay areas to cancel up to 100% of their Federal Perkins Loans or National Direct Student Loans. This benefit does not apply to Stafford Loans or PLUS Loans.

Retired Air Force Reserve Service members are not eligible for Cancellation of Federal Student Loans. Only Airmen in hostile fire or imminent danger pay areas for at least one year are eligible.

For more information on Perkins cancellations, please visit the Federal Student Aid Forgiveness, Cancellation and Discharge webpage maintained by the Department of Education:
https://studentaid.gov/manage-loans/forgiveness-cancellation/perkins

Title 34 CFR 674.59 - Cancellation for military service:
https://www.govinfo.gov/content/pkg/CFR-2011-title34-vol3/pdf/CFR-2011-title34-vol3-sec674-59.pdf