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People also ask
What are the eligibility requirements for Stafford Loan forgiveness?
To be eligible for Stafford Loan Forgiveness, you must agree to teach full-time for five complete and consecutive academic years at a qualifying elementary school, secondary school or an educational service agency that primarily serves low-income families.
What is a federal Stafford Loan?
Federal Stafford Loans are a type of student loan offered by the U.S. Federal Government. These student loans are oftentimes referred to as Direct Loans or Direct Stafford Loans and are available to students pursuing higher education at four year universities and colleges, community colleges, as well as trade, career, or technical schools.
Can I get student loan forgiveness for teaching?
If you teach full-time for five complete and consecutive academic years in certain elementary or secondary schools or educational service agencies that serve low-income families, and meet other qualifications, you may be eligible for forgiveness of up to a combined total of $17,500 on eligible federal student loans.
What loans are eligible for PSLF 鈥?public student loan forgiveness?
What Loans Are Eligible for PSLF 鈥?Public Student Loan Forgiveness? The following loans are eligible for forgiveness: Federal Direct Stafford/Ford Loans (Direct Subsidized Loans) Federal Direct Unsubsidized Stafford/Ford Loans (Direct Unsubsidized Loans)