PROGRAM OBJECTIVES:
To reimburse institutions for their share of loans canceled for National Defense Student Loan recipients who become teachers or who perform full-time active military service in the U.S. Armed Forces, and to restore to institutional revolving funds the full amounts of Direct and Federal Perkins Loans canceled for certain types of teaching service, Head Start service, military service in areas of hostility, law enforcement or corrections officer service, service as a nurse or medical technician, service to certain types of high risk children, and (for Federal Perkins Loans only) volunteer service.

ELIGIBLE FUNCTIONAL CATEGORIES:
1. EDUCATION;
- Higher Education - General;
- Teacher Training;

WHO CAN BENEFIT FROM THIS PROGRAM:
- Education Professional;

WHO CAN APPLY:
- State (includes District of Columbia, public institutions of higher education and hospitals);
- Public non-profit institution/organization (includes institutions of higher education and hospitals);
- Private non-profit institution/organization (includes institutions of higher education and hospitals);