Do You Qualify for Student Loan Forgiveness?

Did you know that there are numerous programsForces Forgiveness Program pays off up to $2,500 in
available that will actually pay off all or part of yourcollege loan debt to borrowers who served between
college loans? Student loan forgiveness isn't a myth.September 11th 2001 and June 30, 2006.
Many of these programs aren't widely advertised andThe National Guard offers its own student loan
most people who are eligible don't even realize thatforgiveness program, paying off up to $10,000 worth
they qualify to have thousands of dollars wiped off theof college loan debt for each qualified person. For
balance of their educational loans.more information call 1-800-GO-GUARD.
Student Loan Forgiveness for TeachersStudent Loan Forgiveness for Volunteer Work
The Teacher Loan Forgiveness Program will repay upServing in the Peace Corps, Americorps, or Volunteers
to $17,500 toward college loans for qualified teachers.in Service to America (VISTA) all qualify you for
Full time teachers with an outstanding FFEL or Directcollege loan forgiveness programs in various amounts.
loan balance on or after October 1998 qualify forPeace Corps: Time spent volunteering for the Peace
$5,000 worth of college loan repayment after 5Corps pays in more ways than good feelings.
consecutive years of service.Volunteers receive 15% of their Stafford, Perkins, and
Student loan forgiveness at the increased amount ofConsolidation loans paid for each year of service up to
$17,500 is available to qualified borrowers who teach70% of the college loan amount. To learn more about
full time in the field of mathematics or science at anthis student loan forgiveness opportunity call
eligible secondary school or who provide special1-800-424-8580.
education to students with disabilities.Americorps, the domestic arm of the Peace Corps,
To learn more or to apply for this student loanawards volunteers $4,725 to apply toward their
forgiveness program for teachers, visit:outstanding college loans after one year of service. To
Student Loan Forgiveness for Non-Profit Child orlearn more call 1-800-942-2677.
Family Services Agency EmployeesVISTA (Volunteers in Service to America): Volunteer
In an effort to attract and retain more highly trained1700 hours for one of the many organizations across
early childcare professionals, the federal governmentthe country focused on eradicating hunger,
has developed programs to forgive up to 100% of thehomelessness, poverty, and illiteracy and have up to
college loan balance for individuals at eligible centers.$4725 wiped off your college balance. To learn more
To qualify for this student loan forgiveness program,call 1-800-942-2677.
borrowers must hold a degree in early childhoodStudent Loan Forgiveness for Head Start Staff
education and work full-time for 2 years at a qualifiedThose who volunteer for their state's Head Start
facility where at least 70% of the children receivingprogram not only help children from low income
care come from families that earn less than 85% offamilies prepare for kindergarten, they are also granted
the state median household income.full or partial college loan forgiveness.
To learn more, call the Child Care Provider LoanThe state rewards its Head Start teachers and
Forgiveness support desk at 1-888-562-7002 or visitadministrators by canceling 15% of their college loan
Student Loan Forgiveness for Law Enforcementbalance for each year of service up to 100% of the
Officialsbalance. To learn more visit:
Protect and serve the community and the governmentStudent Loan Forgiveness for Providers of Intervention
will do the same for your budget by repaying yourServices for the Disabled
college loans for you. Full time law enforcement orThe government will pay your Perkins loan in full if you
correction officers are eligible to have their loans paidprovide full time services designed to aid disabled
off by the government at a rate of 15%per year forinfants or toddlers who have physical, cognitive,
the first 2 years of service, 20% for the 3rd and 4thcommunicative, social, emotional, or adaptive needs.
year, and 30% for their fifth year.Qualified programs can operate from an in-home
Student Loan Forgiveness for Nurses and Medicalsetting or outside facility providing the program
Techniciansconforms to the requirements of the Individuals with
Several generous student loan forgiveness programsDisabilities Education Act. To learn more about this
are available for physicians and RN's who practice instudent loan forgiveness program, contact your loan
areas that lack adequate medical care.provider.
The National Heath Services Corps will repay up toFind More Resources that Offer Student Loan
$35,000 per year of service for qualified individuals. ToForgiveness Programs
learn more and download application forms, visitEven more programs exist at the state or county
The Nursing Education Loan Repayment Programgovernment level or through industry-specific
(NELRP) repays up to 60% of your college loanorganizations. Inquire with the human resources
balance for those who serve at least 2 years in criticaldepartment of your employer or groups that you
shortage facilities. To learn details about eligibility and tovolunteer for or are considering joining. Be sure to
download application forms, visitbookmark this page of resources or pass it along to a
Student Loan Forgiveness for Armed Forcesfriend or colleague. You may just find a way to save
The government shows their appreciation of thoseyourself or someone you know a few thousand
who serve and protect with a variety of student loandollars!
forgiveness programs for the military. The Armed