Federal Loan Forgiveness Programs

School Loans can be overwhelming, thats why we are here to help!

Teacher Loan Forgiveness Programs

  • Stafford Loan Forgiveness for Teachers
  • Teaching who complete full-time positions for five consecutive years in low-income schools may be eligible to have a portion of their student loans cancelled.
  • Eligibility is limited to FFEL Stafford Loans, Direct Subsidized and Unsubsidized Loans, and some Consolidation Loans.
  • The Stafford Student Loan Forgiveness Program exists to encourage highly qualified individuals to become teachers in impoverished areas serving low-income families, so that those families have access to higher quality education resources than they would otherwise be able to find.

Who qualifies?

  • Government Employees
  • Non-Profit Organizations
  • Teachers
  • Military personnel
  • Emergency management personnel
  • Public safety and law enforcement personnel
  • Public health services workers

Public Service Student Loan Fogiveness Program

The Public Service Loan Forgiveness Program (PSLF) is the most accessible of all the Federal loan forgiveness programs, which means you may qualify! The PSLF program was created in 2007 by Congress however, most people are unaware of the forgiveness programs available to them. This includes complete Federal Student Loan Forgiveness once you’ve made 10 years (120) monthly payments on towards your debt. That benefit is available to you as of 2016, no matter how much you owe, and no matter how much you’ve actually paid which means you could qualify!

Learn more

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