This assessment provides you with an opportunity to review procedures regarding Federal Perkins cancellation. Additional activities are provided in the chart below.
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Why start with policies and procedures?
Reviewing and developing policies and procedures is a good place to begin when evaluating your financial aid operations. It is difficult to assess your compliance on an individual student level if your policies and procedures aren't fully developed, are inaccurate or are not being consistently followed. Completing the policies and procedures prior to any other activities will help you identify additional areas to evaluate and will assist you in making the most of your compliance efforts.
For Perkins cancellation we recommend that you start with the following activities from the policies and procedures Design Process Chart: Activity 4 (Cancellation section). If you identify areas requiring a corrective action, we recommend that you complete the Management Enhancement Worksheet.
Activity Bar:
Federal Perkins Cancellation Activity 1: File Review Worksheets
Additional Links: 2008-09 FSA Handbook, Campus-Based Programs, Chapter 4, pages 6-96 through 6-110, Directory of Designated Low-Income Schools for Teacher Cancellation Benefits
| Federal Perkins Cancellation | Activity |
| Special Definitions 674.51 Full Academic Year 674.51 Teaching in a Field of Expertise 674.51 |
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| Cancellation procedures 674.52 | |
| Teaching in multiple schools simultaneously 674.52(b)(1)(i) | |
| Incomplete Year Due to Illness or Pregnancy 674.52(b)(2) | |
| Defaulted Loans 674.52(c) | |
| Concurrent Deferment 674.52(d), 674.34(c) | |
| National and Community Service Act of 1990 674.52(e) | |
| Teacher Cancellation 674.53 | Federal Perkins Cancellation Teacher Worksheet |
| Teaching in Low Income Schools 674.53(a) | |
| Teaching in Special Education 674.51(q)(3) | |
| Teaching Both Children and Adults 674.53(f) | |
| Nurse or Medical Technician Cancellation 674.56(a) | Federal Perkins Cancellation Nurse/Medical Technician Worksheet |
| Child or Family Services Cancellation 674.56(b) | Federal Perkins Cancellation Child or Family Services Worksheet |
| Early Intervention Cancellation 674.56(c) | Federal Perkins Cancellation Early Intervention Worksheet |
| Law Enforcement or Corrections Officer Cancellation 674.57 | Federal Perkins Cancellation Law Enforcement or Corrections Officer Worksheet |
| Head Start Cancellation 674.58 | Federal Perkins Cancellation Head Start Worksheet |
| Military Service Cancellation 674.59 | Federal Perkins Cancellation Military Service Worksheet |
| Volunteer Service Cancellation 674.60 | Federal Perkins Cancellation Volunteer Service Worksheet |
| Prior Service 674.62(a) | |
| Payment Refund 674.62(b) | |
| Reimbursing Amounts Canceled 674.63(b) | |
| Discharge for Spouses of September 11, 2001 victims DCL GEN-07-08 | |
