I’ve heard about loan forgiveness for teachers. What about it?
If you received a Stafford Loan on or after 10/1/1998 and you teach full-time for five years in a low-income school, you might be eligible to have a portion of your loan cancelled – up to $5,000. If you teach special education in an elementary or secondary low-income school or math or science in a secondary low-income school for five years, you may be eligible to have up to $17,500 cancelled. More information is available at www.studentaid.ed.gov under “Repaying Your Loans.
Related Questions
- I’ve heard you can be hired by an approved site for an approved position and still be turned down for loan repayment. How does the NHSC decide whether to fund a loan repayor or not?
- I’ve heard many lenders who claim their loan process to be fast and easy, but that rarely proves to be the case. How will a solar loan from Help-U-Solar be different?
- I’ve heard about loan forgiveness for teachers. What about it?
