Home Invites Members Groups Events Directories Videos News Photos Blogs Forums Chat
Home > Blogs > Post Content

HOW USDE SEC. DR. JOHN KING ANNOUNCES PUBLIC STUDENT LOAN FORGIVENESS PROGRAM FOR TEACHERS (1687 hits)


FOR IMMEDIATE RELEASE!:

4 Loan Forgiveness Programs for Teachers

1. Public Service Loan Forgiveness (PSLF) Program Forgives the remaining balance on your Federal Direct Loans after 120 qualifying payments (10 years). View complete program details at StudentAid.gov/publicservice. Here are some highlights: This program has the broadest employment qualification requirements of the federal programs listed—it doesn’t require that you teach at a low-income a public

Continue Reading:

Here are some highlights:

•This program has the broadest employment qualification requirements of the federal programs listed—it doesn’t require that you teach at a low-income a public school, or even be a teacher. Most full-time public and private elementary and secondary school teachers will meet the employment requirements.

•You must have Direct Loans. If you have other types of federal loans, like FFEL or Perkins Loans, you must consolidate in order for those loans to qualify. To check which types of loans you have, log in to StudentAid.gov.

•You should repay your loans on an income-driven repayment plan if you want to get the most value out of the program. You can apply for an income-driven repayment plan on StudentLoans.gov.

•In order for payments to count toward the 120 needed to get forgiveness, they need to be full payments, made no more than 15 days late, and made after October 1, 2007.

•Loan amounts forgiven under PSLF are NOT considered taxable by the IRS.

To confirm whether you qualify for the program, submit this form ASAP.

*******

confirm whether you qualify for the program, submit this form ASAP.

2. Teacher Loan Forgiveness

Forgives up to $17,500 of your Direct or FFEL Subsidized or Unsubsidized Loans after 5 complete and consecutive years of teaching at a qualifying school.

View complete program details at StudentAid.gov/teach-forgive.

Here are some highlights:

•You must have been employed as a full-time teacher at an eligible school for five complete and consecutive academic years, and at least one of those years must have been after the 1997–98 academic year.

•Certain highly qualified special education and secondary mathematics or science teachers can qualify for up to $17,500 in forgiveness. Other eligible teachers can qualify for up to $5,000.
•PLUS loans and Perkins loans are not eligible to be forgiven through this program.

•Any time you spent teaching to receive benefits through AmeriCorps cannot be counted toward your required five years of teaching for Teacher Loan Forgiveness.

•You apply for teacher loan forgiveness after you have completed the five-year teaching requirement.

Read, learn, archive, click ALL the links and share far and wide!:
https://blog.ed.gov/…/4-loan-forgiveness-p...

#KingdomMovement
#PRINCIPALSATED
#IDEA
#OutWorkTheWork
#MyBrothersKeeper
#STEM
#IAMKIDPRESIDENT
#AfAmED
#HispanicsED
#AAPPI
#GetCovered
#MentalHealthMatters
#CoverageMatters
#TeachertoTeacher
#TeachtoLead
#ESSA
#ReachHigher
#HeadsUpAmerica
Posted By: agnes levine
Monday, January 16th 2017 at 12:18PM
You can also click here to view all posts by this author...

Report obscenity | post comment
Share |
Please Login To Post Comments...
Email:
Password:

 
More From This Author
HOW REMARKS BY PRESIDENT BIDEN ON THE COLLAPSE OF THE FRANCIS SCOTT KEY BRIDGE TRAGEDY, WH PRESS BRIEFING!
HOW BALTIMORE CITY DEPARTMENT OF TRANSPORTATION PROVIDES BALTIMORE FRANCIS SCOTT KEY BRIDGE COLLAPSE UPDATES!
HOW CATHOLIC COMMUNITY IN GAZA CELEBRATES PALM SUNDAY, CARDINAL GREGORY HOLY WEEK MASSES
HOW BREAKING NEWS REVEALS CATHERINE, PRINCESS OF WALES HAS CANCER, PREVENTIVE TREATMENT STARTED!
HOW LOPnewsmag IV - OBAMA CLIMATE INJUSTICE IN AFRICA, BIDEN AGRICULTURE DAY PROCLAMATION, BAZELON ...
HOW WILLIAM, PRINCE OF WALES AND CATHERINE, PRINCESS OF WALES ENJOY VISIT TO FARM SHOP!
HOW POPE FRANCIS' MESSAGE FOR RAMADAN ENCOURAGES WORKING TOGETHER FOR WORLD PEACE; MENTAL HARM OF CHILDREN ...
HOW PRESIDENT OBAMA RE-COMMITS TO REDISTRICTING MAPS WITH ALL ON THE LINE, JOIN THE FIGHT FOR FAIRNESS!
Forward This Blog Entry!
Blogs Home

(Advertise Here)
Who's Online
>> more | invite 
Latest Photos
>> more | add
Latest Member Activity
pam perry just posted a blog entitled 'spring has sprung - time for renewel'. 06:53PM
pam perry just posted a blog entitled 'spring has sprung - time for renewel'. 06:53PM
cortez law iii just posted a blog entitled 'coming soon?... black phoenix!'. 08:13PM
cortez law iii just posted a blog entitled 'happy new year chocolate pages network!'. 12:14PM
dr.haneen foaud just became a new member. 05:24PM
pam perry just posted a event entitled 'national bestseller author kim brooks’ captivating ‘he’s fine…but is he saved?’ theatrical debut'. 06:31PM
cortez law iii just posted a blog entitled 'the teaser is here! the teaser is here!'. 08:13PM
cortez law iii just posted a blog entitled 'coming soon!'. 07:41PM
cortez law iii just posted a blog entitled 'groiup book promos ending tomorrow!'. 08:53PM
cortez law iii just posted a blog entitled 'august group book promotions are here!'. 07:30PM
cortez law iii just posted a blog entitled 'july group book promos ending!'. 03:48PM
cortez law iii just posted a blog entitled 'july book group promos!'. 02:48PM
>> more | invite friends