Who is eligible to have their loans forgiven under the teacher loan forgiveness program established by the 1998 Reauthorization of the Higher Education Act?
Only a new borrower who received a FFELP loan for which the first disbursement was made on or after October 1, 1998 is eligible to have their loans forgiven by the Department of Education under this program. This program is for full-time teachers who have been employed for five consecutive years in a designated low income school; i.e., Title I.
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- Who is eligible to have their loans forgiven under the teacher loan forgiveness program established by the 1998 Reauthorization of the Higher Education Act?
- Are loans with a life-of-loan servicing contract eligible for the Loan Purchase Commitment Program?
- Where can I get an application to apply for the Teacher Loan Forgiveness Program?
