Teacher Loan Forgiveness

How to Qualify Your Student Loans For Forgiveness?

If you have accumulated student loan debts, there are ways to have it forgiven based on your occupation. Federal stafford, grad plus, and consolidation loans in the Direct Loan program are eligible for forgiveness after 10 years of on-time payments. For your free evaluation, simply fill out the short application form above or call 844-323-3328 to speak with a professional.

Qualifying careers for Public Service Loan Forgiveness

Public Service Loan Forgiveness (PSLF) program includes any job in government, military service, emergency management, public safety, law enforcement, public health, and public education, to name just a few. After 120 consecutive months of on-time payment, the remainder of your student loan balance is forgiven through this program. Speak with one of our professionals today so that we can explain all the details of the PSLF in plain English. Call Now to see if you qualify 844-323-3328!

This program is intended to encourage individuals to pursue a career in teaching. Under this plan, eligible borrowers can have up to $17,500 of their Federal Direct Stafford loans forgiven after 5 years of teaching full-time at an eligible elementary or secondary school. This includes both subsidized and unsubsidized loans but is not available for borrowers holding only PLUS loans.

An eligible school must meet the following requirements:

The school is in a qualified, Title I district
The school is listed in the Designated Low-Income Schools Directory
More than 30% of the school’s students qualify for Title I services

Note: If a school qualifies as eligible for at least one year of a teacher’s service, the teacher may count it towards all 5 years of service

In addition to the federal loan forgiveness programs, borrowers may also be eligible for student loan discharge or other forgiveness options and Loan Repayment Programs (LRPs). LRPs are similar to forgiveness programs except borrowers receive a stipend to apply to their student loans, which may not cover the remaining balance.

Borrowers of Parent PLUS loans may also qualify for PSLF but must first consolidate through a Direct Consolidation Loan and select Income-Contingent Repayment.

How to Apply

The application process is a bit tedious however, our trained professionals will guide you through every step of the way. Call or Apply Now For immediate Relief
844-323-3328.

Teacher Loan Forgiveness Program Qualification requirements

Must Have been employed as a teacher for 5 consecutive years (cannot include years spent teaching through AmeriCorps). At least one of these must have been after the 97-98 academic year.
Not be in default on subsidized or unsubsidized student loans.
Have loans that were originated prior to or during the 5-year qualifying term.
Have been employed at an eligible school.