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Loan Forgiveness for Teachers
Jill Hare | Editor, TheApple
Delaware
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Delaware Teacher Corps
Loan forgiveness provision at a rate of one year of teaching in a Delaware public school critical needs subject for one year of loan and loan not to exceed cost of tuition.
Teacher Shortage Areas in 2008-09:
1. Art 2. Bilingual Teachers 3. Business Education 4. English 5. ESOL (English to Speakers of Other Languages) 6. Foreign Language 7. Mathematics (all levels) 8. Music 9. Reading Specialists 10. Science (all levels) 11. School Librarians 12. Special Education 13. Technology Education
Source: http://www.doe.k12.de.us/infosuites/students_family/dhec/how_to_apply/financial_aid/FA_webpages/teacher_corps.shtml
Florida
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Critical Teacher Shortage Student Loan Forgiveness Program
The Critical Teacher Shortage Student Loan Forgiveness (CTSLF) Program provides financial assistance to eligible Florida teachers who hold a valid Florida Teacher’s Certificate or Florida Department of Health License by assisting them in the repayment of undergraduate and graduate educational loans that led to certification in a statewide critical teacher shortage (CTS) subject area.
Source: http://www.floridastudentfinancialaid.org/SSFAD/factsheets/CTS-LF.htm
Georgia
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HOPE Forgivable Loans
If you are a teacher serving in a low-income or subject-matter shortage area, it may be possible for you to cancel or defer your student loans. If you have a loan or multiple loans from the Federal Direct Loan Program or the Federal Family Education Loan Program (FFEL), you may be eligible for deferment if you are teaching full-time in a teacher shortage area.
Source: http://public.doe.k12.ga.us/tss_teacher.aspx?PageReq=TSSTeacherShortage
Illinois
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The Illinois Teachers and Child Care Providers Loan Repayment Program
Federal Stafford loan borrowers who fulfill a five year agreement in a particular low-income school could get a maximum of $5000 in loan forgiveness.
The Illinois Teachers and Child Care Providers Loan Repayment Program
1755 Lake Cook Road
Deerfield, IL 60015
Iowa
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Teacher Loan Forgiveness
The State of Iowa offers cancellation benefits to teachers. The maximum annual award is 20% of the teacher’s total federal Stafford loan balance, including principal and interest, not to exceed the average resident tuition rate established for students attending universities governed by the Iowa Board of Regents for the first year following the recipient’s graduation. For 2009 graduates, the maximum award is $6,704.
Source: http://www.iowacollegeaid.gov/commissioncentral/loanforgiveness/teacher.html
jan59
14 days ago
2 comments
In Florida there is a program, but only if you did not have a school loan balance as of 1998. So.... for those teachers (like myself), who have worked in low income schools for over 20 years, but still have a huge balance, don't get a break. I don't think that is fair. Any ideas?
There is a fairly new program called the Public Service Loan Forgiveness program for teachers. Maybe this will help someone.
neil
17 days ago
10 comments
I have gone through this article and have got these teachers may receive loan forgiveness up to the difference between $17,500 and the amount that had previously been forgiven only if the borrower is otherwise eligible and has five complete consecutive years of qualified teaching service as a highly qualified full-time mathematics or science teacher in an eligible secondary school or a highly qualified special education teacher.
gifts for her
kwiencek
about 1 month ago
4 comments
az should offer something...they don't pay us s{($!!!!
ctauber
3 months ago
20 comments
Birkman, though I agree with you, if everyone who had student loans claimed bankruptcy, the economy would go even further into the toilet. It would be nice if they did something to reward the students who had good grades. Cut us some kind of slack.
ctauber
3 months ago
20 comments
of course my state would not be one of them
AngelNeko
3 months ago
22 comments
I don't know about a state loan forgiveness program in Kansas, but Wichita USD 259 has one. Its called Grow Your Own Teacher and they have info posted on their website usd259.com. They are working with local colleges like Wichita State and Friends University and it pretty much guarantees a teaching position after graduation
SarahLester
5 months ago
2 comments
LA sucks. No forgiveness?
jovick25
5 months ago
2 comments
what happened to Ma. so When I finish school maybe I should move to a state that offers this :(.
airby4171
5 months ago
2 comments
so they dnt offer it at all in SC????
Andrealynn721
5 months ago
2 comments
What about California and what if i am already working in a low income situation for 4 years
osburn40
5 months ago
2 comments
God forgive me, but I DO hate Louisiana.
BryanEaton
5 months ago
2 comments
God I love ohio...
Teddi14
5 months ago
8 comments
I have a squidoo lens about this program at: http://www.squidoo.com/teacher_student_loan_cancellation I will personally be utilizing this program this year.
LMcGarv
5 months ago
54 comments
I'm going to direct my student teachers to this list.
stewarmf
5 months ago
4 comments
I just graduated with a degree in History and Global Studies. I don't want to teach now because I am traveling and want to work for a non-profit. Though I am thinking of getting certified before graduate school. Can I get loan forgiveness for my undergrad if I am not teaching before graduate school? Does this even make sense?