What types of loans qualify for teacher loan forgiveness?
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What types of loans qualify for teacher loan forgiveness?
The main types of loans that qualify for teacher loan forgiveness are Direct Subsidized and Unsubsidized Loans, as well as Federal Stafford Loans.
Are there any specific requirements I need to meet?
Yes, you must teach full-time for five consecutive years in a low-income school or educational service agency.
What if I have a Perkins Loan?
Perkins Loans are not eligible for the Teacher Loan Forgiveness program, but you may qualify for other forgiveness options.
How do I apply for the forgiveness?
You can apply by submitting the Teacher Loan Forgiveness Application to your loan servicer after meeting the teaching requirements.
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