Teacher Loan Forgiveness/Repayment Programs
If you have borrowed a Federal Student Loan that is in good standing (Stafford/Direct/Perkins) and you intend to teach in the K-12 school system full-time, you may qualify for two Loan Forgiveness Programs.
- The Federal Teacher Loan Forgiveness Program offers cancellation of up to $5,000.00 of your Stafford/Direct loan for five years of teaching in a low-income school and up to $17,500.00 if you teach math, science or special education in high school or special education in elementary school. To learn more, visit the Federal Student Aid website.