For Perkins Loans Made Before July 1, 1993

A borrower of a Perkins Loan made before July 1, 1993 may defer repayment if he or she is enrolled at least half time as a regular student in an eligible institution.

Such a borrower may also defer repayment for up to three years and interest will not accrue while he or she is:

• A member of the U.S. Army, Navy, Air Force, Marines , or Coast Guard;
• A Member of the National Guard or the Reserves serving a period of full-time active duty in the armed forces;
• An officer in the Commissioned Corps of the U.S. Public Health Service;
• On full-time active duty as a member of the National Oceanic and Atmospheric Administration Corps;
• A Peace Corps volunteer;
• A volunteer under Title I, Part A of the Domestic Volunteer Service Act of 1973 (ACTION programs);
• A full-time volunteer in service for a tax-exempt organization that the Department has determined is comparable to Peace Corps or ACTION service, or
• Temporarily/ Totally Disabled or unable to work because he or she must care for a spouse or other dependent who is so disabled.

A Perkins Loan or NDSL borrower is entitled to a 6-month grace period after each type of deferment (a "post-deferment" grace period).