Forgiveness for Teachers

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Teaching Scholarships and other Scholarship topics.

Can I forgive/cancel my student loans as a teacher?

Forgiveness for Teachers

With the demand for teachers so high, most states offer some sort of forgiveness/cancellation of loans. Each state has a different formula, but the general guideline is that a certain amount of money will be cancelled per year spent teaching in that state.

Federal forgiveness programs also offer relief for teachers who work in low income areas, special education teachers, and teachers who concentrate in certain "in demand" subjects such as the foreign languages, math and science.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Scholarship Tip Site? Request a Tip Now!


Guru Spotlight
Susan Sayour